Software Industry Accounting 1997 Cumulative Supplement
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- Wiley
More About This Title Software Industry Accounting 1997 Cumulative Supplement
English
The rules and regulations governing accounting of the software industry are very different from other industries. The software industry has unique accounting concerns, such as capitalization of development costs and software revenue recognition. Detailed implementation guidance is provided for all rules and regulations. This special report covers the recently released AICPA Statement of Position 97-2, Software Revenue Recognition. This statement was developed to address the shortcomings of SOP 91-1 and establishes an overall framework from which constituents must develop more specific revenue recognition practices. SOP 97-2 addresses the accounting for revenue earned from licensing, selling, and otherwise marketing of software.
English
A General Industry Perspective (E. Wittman).
The AICPA Task Force on Accounting for the Development and Sale of Computer Software (F. O'Brien).
The Securities and Exchange Commission (L. Turner).
Software Revenue Recognition--Overview and Types of Transactions.
Software Revenue Recognition--Software Licenses, Postcontract Customer Support, and Service Transactions.
Contracts for Software Combined with Hardware or Services or Both.
Capitalization, Amortization, and Net Realizable Value Testing of Software Development Costs.
Financial Reporting.
Auditing Financial Statements of Software Companies (R. Graff).
Appendices.
Index.
