A proposed ASU would update the guidance on accounting for software, specifically when it comes to developing software for internal use.

Learn which software costs should be capitalized and which costs should be expensed when an entity builds external-use software using an agile development environment.

The Financial Accounting Standards Board agreed to release a draft proposal to simplify accounting for internal use software costs by, among other things, no longer considering the development stage ...

These accounting principles do not apply to the costs associated with market research and testing, software development, or—for extractive industries like mining and quarrying—exploratory ...

Lockstep, a Seattle startup using software and the cloud to improve accounting practices, has raised $10 million in a Series A funding round, the company ...