R and D expenditures – what if for internal use?

CPA Exam Forum FAR FAR Review R and D expenditures – what if for internal use?

This topic contains 0 replies, has 0 voices, and was last updated by  startupcfo 6 months ago.

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #1480080

    startupcfo
    Participant

    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?


    ------------
    Corporate finance leader
    AUD - 93
    BEC - 87
    FAR - 77
    REG - 77
Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.