All articles in this category pertain to ASC 350. The FASB standard focuses on goodwill and other intangible assets. The current guidance is encompassed by five subtopics, the most critical being ASC 350-20 and ASC 350-40.
ASC 350-20 addresses accounting and financial reporting for goodwill. ASC 350-40 addresses accounting and financial reporting for internal use software.
Learn more about ASC 350 below.