When FASB originally issued its software accounting guidance, companies developing software generally followed a prescriptive and sequential development method. Since that time, many companies have ...

Those responsible for accounting and reporting the costs of external-use software development should discuss these issues with the project management team before the launch of any major development ...

What does it take to launch tax software from scratch? It's not easy, for sure. However, after being on the development side of tax software ... It's how I worked indirectly to approach the whole ...

These accounting principles do not apply to the costs associated with market research and testing, software development, or—for extractive industries like mining and quarrying—exploratory ...