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.
- ISBN10 0471298727
- ISBN13 9780471298724
- Publish Date 4 November 1998 (first published 7 December 1992)
- Publish Status Out of Stock
- Out of Print 23 April 2002
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 64
- Language English