Per the GASB, training costs should be expensed as incurred for both internally generated computer software and
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Per the GASB, training costs should be expensed as incurred for both internally generated computer software and subscription-based technology arrangements (SBITAs). They should not be capitalized as part of either the resultant computer software or the subscription asset. When the GASB proposed these rules, several respondents to its exposure drafts thought that they should be either capitalized or accounted for as deferred outflow of resources. What, in your opinion, would be the strongest arguments in favor of either capitalization or deferral?
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Government And Not For Profit Accounting Concepts And Practices
ISBN: 9781119803898
9th Edition
Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese
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