Question
1) Briefly explain how R&D is reported in financial statements. Why are software development costs treated differently than other types of R&D? Type your answer
1) Briefly explain how R&D is reported in financial statements. Why are software development costs treated differently than other types of R&D? Type your answer below.
2) Briefly describe the difference(s) between buy side financial analysts vs. sell side financial analysts? Type your answer (with your own words) below.
3) It is not unusual for one company to buy another company in order to obtain technology that the acquired company has developed or is in the process of developing. Explain the accounting treatment of purchased technology. Type your answer below.
4) In early 2017, FASB has released a new standard that promises to simplify the goodwill impairment test. Do you like the new standard? Why? Type your answer below.
5) Any good and/or bad things for technological spillover between technology-related firms? Type your answer below.
6) Some companies file to the USPTO too many patents that are not high quality, why they do so? How USPTO can prevent the overpatenting problem if it exists? Type your answer below.
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