Premium
Accounting for software
Author(s) -
Pacter Paul,
Sonnelitter Robert J.
Publication year - 1994
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.3970060205
Subject(s) - vendor , software , purchasing , revenue , accounting , computer science , task (project management) , business , software engineering , marketing , operating system , economics , management
Computers are everywhere. Corporations not only are purchasing software, they are often developing their own. Accounting for software has become a topic of broad interest. Unfortunately, the CFO must navigate through a maze of rules in this area. This article's purpose is to make that task easier. This article looks at accounting issues relating to computer software from two perspectives: accounting for software costs incurred by the developer or purchaser and accounting for software revenue earned by the vendor or licensor, recognizing, of course, that the developer or purchaser of software might also be its vendor or licensor.