Accounting for internal-use software costs

We continue our miniseries on software costs. They are accounted for using two different models depending on whether the software is used internally or externally. In this episode, we discuss the internal-use model applicable to software developed or obtained to meet the reporting entities’ internal needs. In this episode, we discuss: 3:24 – The scope of internal-use software10:29 – The three stages of software development14:07 – Cloud computing arrangements17:50 – Practical challenges in ap...