About Partners Contact Client Portal
LinkedIn Twitter
Services Industries Insights & Events Careers & Culture

Services

RubinBrown specializes in providing a comprehensive range of services to meet business and personal needs. Whether you require expert tax, strategic business consulting, audit services or more, RubinBrown's team of experienced professionals are here to support you.

View All Our Services
Assurance Services
Benefit Plan Audit Services Public Company Services SOC Examinations, IT Audit, & Third-Party Risk
Consulting Services
Business Process Improvement Services Business Restructuring & Bankruptcy Services Cyber Security Services Environmental, Social and Governance Services ERP & Enterprise Software Advisory Fraud & Forensics SOC Examinations, IT Audit, & Third-Party Risk Information Technology Services Litigation Services Mergers & Acquisitions Services Risk & Internal Audit Services Valuation Services
Entrepreneurial Services
Outsourced Accounting & Advisory Services
Tax Services
Federal Tax Services Private Client Services Credits & Incentives Services State & Local Tax Services
RubinBrown Advisors RubinBrown Corporate Finance

Industries

At RubinBrown, we bring experience across a range of industries. Our experience enables our professionals to offer tailored solutions catering to the intricacies of each sector. Our professionals have years of focused engagement and skills, allowing them to navigate industry-specific challenges to benefit our clients.

View All Our Industries
Colleges & Universities Construction Gaming Healthcare Law Firms Life Sciences & Technology Manufacturing & Distribution Not-For-Profit Private Equity Public Sector Real Estate Transportation & Dealerships

Insights & Events

At RubinBrown, we provide valuable insights detailing emerging trends and industry-specific information. Our events, hosted virtually and in-person, keep you informed and connected to the topics and industries that matter most to you and your organization.

View All Insights & Events
Jun 11

RubinBrown’s Leveraging Technology for Business Success

Learn More & Register
Jun 17

RubinBrown’s Rural Health Webinar Series

Learn More & Register

RubinBrown Sports Betting Index: March 2025 Analysis

Learn More

Tax Bill Watch 2025: Budget Resolution Compromise

Learn More

Careers & Culture

At RubinBrown, we are inspired team members, working as one firm, living our core values, and Being Our Best for Others while delivering totally satisfied clients. We invite you to learn more about the Firm's culture, the Be Your Best for Others mentality, and explore the available opportunities at RubinBrown.

Discover Our Culture
Baker Tilly International Campus Recruiting Diversity & Inclusion Experienced Recruiting RubinBrown Charitable Foundation Join The Team
Back to Accounting & Audit Alerts

FASB Seeks Public Comment On Targeted Improvements To Internal-Use Software Guidance

Contact Us

FASB Seeks Public Comment On Targeted Improvements To Internal-Use Software Guidance

Contact Us

The FASB issued has an Exposure Draft that aims to modernize the accounting requirements for the capitalization of internal-use software costs. The Exposure Draft would remove all references to software project stages and, alternatively, would specify that an entity must start capitalizing software costs when both of the following have occurred:

  1. Management has authorized and committed to funding the software project. 
  2. It is probable that the project will be completed, and the software will be used to perform the function intended.

Additionally, the Exposure Draft includes a provision stipulating that if there is significant development uncertainty then no software development costs are to be capitalized until such development uncertainty has been resolved. The Exposure Draft also requires that cash flows from capitalized software costs, other than implementation costs of a hosting arrangement, be classified as investing activities and are to be separately presented from other investing cash outflows.


The Exposure Draft would permit an entity to apply the guidance on either a prospective or retrospective basis. The effective date and whether early adoption would be permitted have not yet been determined. In addition, the FASB is soliciting feedback on potential private company considerations. Comments on this Exposure Draft are due by January 27, 2025.


The full text of the Exposure Draft can be found here. 


 

Published: 12/01/2024

Readers should not act upon information presented without individual professional consultation.

Any federal tax advice contained in this communication (including any attachments): (i) is intended for your use only; (ii) is based on the accuracy and completeness of the facts you have provided us; and (iii) may not be relied upon to avoid penalties.

 

Be Your Best for Others at RubinBrown

At RubinBrown, our firm fosters a culture built upon five vision points, and are guided by our philosophy of Being Our Best for Others. Discover how you can be your best at RubinBrown today by visiting our Careers & Culture Overview for available opportunities and more.

Discover Our Culture

Join Our Mailing List

RubinBrown periodically sends breaking regulatory updates, technical summaries, industry-specific information and event (in-person and virtual) invitations through electronic newsletters.

Sign Up for Our Communications
1-800-678-3134 Certified Public Accountants & Business Consultants

Ranked a Top 50 Accounting Firm by Inside Public Accounting

Firm News Disclaimers Privacy Policy Client Payment © 2025 RubinBrown LLP
RubinBrown Executive Recruiting RubinBrown Advisors RubinBrown Corporate Finance