Software developing costs

Software developing costs - Accounting for Computer...

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Chapter 12-1 Accounting for Computer Software Costs Accounting for Computer Software Costs Costs of computer software to be sold, leased, or otherwise marketed are  accounted for under SFAS No.86 : D until  technological feasibility  has been established. Technical feasibility  is established when a detailed program design or  working model has been completed. SFAS No. 86
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Chapter 12-2 Costs of software used internally Costs of software used internally Currently under review by FASB Capitalize and amortize: (1) software used internally (2) Upgrading and enhancing computer program Expense: (1) training costs (2) costs of software that doesn’t pan out    
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Chapter 12-3 Amortization of capitalized costs Amortization of capitalized costs Amortization of Cost of Software Use the  greater  of the:     (1) ratio of current revenues to current and anticipated revenues (
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This note was uploaded on 07/11/2010 for the course ACC 5110 taught by Professor Lee during the Winter '10 term at Wayne State University.

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Software developing costs - Accounting for Computer...

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