ASC 350-40 Internal-Use Software
GPTKB entity
Statements (24)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
accounting standard
|
| gptkbp:appliesTo |
Entities developing or acquiring software for internal use
|
| gptkbp:capitalizationBegins |
Application development stage
|
| gptkbp:capitalizationEnds |
When software is ready for intended use
|
| gptkbp:compatibleWith |
Software to be sold, leased, or marketed externally
|
| gptkbp:establishes |
Criteria for capitalization of costs
Criteria for expensing costs |
| gptkbp:focusesOn |
Accounting for costs of computer software developed or obtained for internal use
|
| gptkbp:guidanceSystem |
Amortization of capitalized software costs
Capitalization of software development costs Impairment of internal-use software Project stage assessment for software development |
| https://www.w3.org/2000/01/rdf-schema#label |
ASC 350-40 Internal-Use Software
|
| gptkbp:issuedBy |
gptkb:Financial_Accounting_Standards_Board
|
| gptkbp:partOf |
gptkb:FASB_Accounting_Standards_Codification
|
| gptkbp:publicLawNumber |
ASC 350-40
|
| gptkbp:recognizedBy |
Application development stage
Post-implementation/operation stage Preliminary project stage |
| gptkbp:replacedBy |
AICPA SOP 98-1
|
| gptkbp:requires |
Amortization of capitalized costs over useful life
Testing for impairment if software is no longer expected to provide substantive service potential |
| gptkbp:bfsParent |
gptkb:ASC_350
|
| gptkbp:bfsLayer |
7
|