Accounting For Software Expenditures
Linda R. Garceau, Randall W. Luecke, D T Meeting · Review of Business Information Systems (RBIS) · 1999
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.