3. [Capitalization of computer software; CFA adapted] a. Discuss the conditions, under U.S. GAAP, under which com-

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3. [Capitalization of computer software; CFA adapted]

a. Discuss the conditions, under U.S. GAAP, under which com- puter software development costs may be capitalized, before and after a product is proven economically feasible.

b. How would your answer differ for IASB (IAAP?

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The Analysis And Use Of Financial Statements

ISBN: 9780471375944

3rd Edition

Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried

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