This course covers the accounting for costs of software that’s developed to be sold, leased, or marketed, based on the guidance in ASC 985-20. We’ll focus on how to assess technological feasibility and why it matters when deciding whether software development costs should be expensed or capitalized. The course also walks through the related reporting and disclosure requirements under GAAP.

Learning Objectives
Upon completion, you will be able to:
•    Distinguish between internal use software and software to be sold
•    Recognize software that is within the scope of ASC Topic 985-20
•    Identify how software costs are recorded prior to and after establishing technological feasibility
•    Recognize how amortization is recorded for capitalized software costs
•    Identify general presentation and disclosure requirements related to software for resale

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. 

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course 

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/