CPA Exam Forum › FAR › FAR Review › R and D expenditures – what if for internal use? This topic contains 0 replies, has 1 voice, and was last updated by startupcfo 8 months, 1 week ago. Viewing 1 post (of 1 total) Author Posts February 17, 2017 at 9:45 am #1480080 startupcfoParticipant I'm confused by what qualifies as “R and D” expense 1. Is all R and D expensed in the period instead of capitalized, even if you can attribute R and D expenses to a finished product later? 2. What happens when the R and D is for “internal use only”? Does that not meet the definition of R and D expense, and if not, what line item would it fall under? Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.