Post-Audit Debrief

Post-Audit Debrief

The audit isn’t over when the opinion is signed.  For many finance teams, issuance is the finish line: file, take a breather (maybe even a solid nap), move on to 2026. But the best CFO/Controller organizations treat issuance as the start of a feedback loop—because...
ASU 2025-06 – Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) (Targeted Improvements to the Accounting for Internal-Use Software) 

ASU 2025-06 – Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) (Targeted Improvements to the Accounting for Internal-Use Software) 

ASU 2025-06 updates ASC 350-40 to better fit modern internal-use software development (agile, SaaS, iterative builds) and reduces diversity in practice on when to capitalize vs expense software costs. It eliminates the old “project stage” model, introduces a clearer...