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) 25-14: Cease capitalisation once the software is substantially complete and ready for use

What does 25-14 require?

Capitalisation stops, at the latest, when the project is substantially complete and the software can be used as intended, meaning once all substantial testing is done.

Maintained by Gerard Blokdyk

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