Accounting for Shiny New Software, Cloud, and Website Tech Costs
Making sense of the accounting guidance on technology costs, how it differs according to the type of tech, and some insights to keep you in the accounting clear.
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Show Notes
It’s great that your company bought a bunch of new tech that’s going to drive your business forward. Accounting for the tech costs isn’t always great, though. Or fun. So to save you some headaches, join us for this episode of the Accounting Matters podcast as Embarkers Adam Olsen, Sarah Cage-Richter, and Julie Avellanet walk you through the sometimes labyrinth-like guidance around this important topic.
For more information on accounting for software costs, cloud computing, and website costs:
- ASC 350-40, Internal-Use Software
- ASC 350-50, Website Development Costs
- ASC 985, Software
- ASC 730, Research and Development
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