gaap tag questions
Lextree
Simply the best software for managing legal entities and documents.
The Berkman Letter
Practical analysis and commentary for business, law, and more.
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Capitalize or expense software development costs?
We have an internal software development team. They develop new products, but they also maintain existing products. What costs get capitalized? Does all de...1517 views1 answer2 stars -
How to account for professional services fee revenue?
We have a small consulting business. Our clients pay upfront for our services and we provide those services at the clients request sometimes in the same mon...1411 views0 answers0 stars -
What are the difference between IFRS and GAAP?
More particularly, when is IFRS used for accounting guidance and when is GAAP used? What are the regulatory implications?1295 views1 answer1 star -
How to recognize revenue in subscription agreement?
We are revising our software licenses to be "all-inclusive," meaning there is one price for a term that includes the license, maintenance, and services. Mos...1353 views1 answer1 star