Kentucky Society of Certified Public Accountants

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.

Prerequisites

None

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

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

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0220

1 CPE Credits

Accounting: 1 Credits

Registration

Member Price:

$29

Non-member Price:

$49