Surgent's How to Account for Internal-Use Software Arrangements
Available Until
**OnDemand**
1.0 Credits
Member Price $29.00
Non-Member Price $44.00
Overview
This course provides an overview of the accounting for internal-use software. The accounting and reporting requirements related to internal-use software can be found within ASC Topic 350-40. The primary information addressed within this ASC Topic relates to the development costs that should and should not be capitalized, how those costs are amortized, how they are tested for impairment, as well as presentation and disclosure requirements.
Highlights
- Development costs that should and should not be capitalized
- How these costs are amortized and how they are tested for impairment
- Presentation and disclosure requirements
Prerequisites
None
Designed For
Professional accountants
Objectives
- Distinguish between software that is considered internal-use and not considered internal-use
- Recognize how implementation costs are accounted for in various stages of software development
- Identify when capitalization and amortization should commence
- Recognize how implementation costs of hosting arrangements are accounted for differently
Preparation
None
Non-Member Price $44.00
Member Price $29.00