FASB ASU 2025-06 - Internal-Use Software (Subtopic 350-40)
Recognition (350-40-25 as amended) – FASB ASU 2025-06 - Internal-Use Software (Subtopic 350-40)

FASB ASU 2025-06 - Internal-Use Software (Subtopic 350-40) 25-13: Stop capitalising and test for impairment when the requirements are no longer met

What does 25-13 require?

If software under development stops meeting the capitalisation requirements of 350-40-25-12 and 25-12A, the entity capitalises no further costs and applies the impairment guidance of 350-40-35-1 to 35-3 to the balance already recognised.

Maintained by Gerard Blokdyk

Other controls in Recognition (350-40-25 as amended) – FASB ASU 2025-06 - Internal-Use Software (Subtopic 350-40)

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.