Open AccessAccounting For Software Expenditures
Author(s) -
Linda Garceau,
Randall W. Luecke,
David T. Meeting
Publication year - 1999
Publication title -
the review of business information systems
Language(s) - English
Resource type - Journals
eISSN - 2157-9547
pISSN - 1534-665X
DOI - 10.19030/rbis.v3i3.5432
Subject(s) - accounting , certification , business , financial accounting , accounting standard , actuarial science , accounting information system , economics , management
The Financial Accounting Standards Board and the American Institute of Certified Public Accountants have wrestled with the issue of the appropriate treatment for software development costs for many years. This article summarizes the professional pronouncements of the last 25 years that address this issue, identifying the business cir-cumstances when such costs should be capitalized and when they should be expensed.