Glomont CPA Exam Review: Financial Accounting and Reporting: Software Costs (2022 Edition)

By Glomont
0
(0)
0
$45
In Stock
FAR2022SC

CPA Exam Blueprints

  • Identify the criteria necessary to capitalize software costs (software for internal use or sale) in the financial statements.
  • Calculate capitalized software costs (software for internal use or sale) to be reported in the financial statements and the related amortization expense.

Table of Contents

1. Technological feasibility
1.1. Criteria for Establishing Technological Feasibility
2. Software to be sold, leased or marketed
2.1. Stages of Software Development
2.1.1. Research and development costs of computer software
2.1.2. Producing product masters
2.1.3. Duplicating the computer software from the product masters
2.2. Amortization of Capitalized Cost
2.3. Impairment of Capitalized Cost
2.3.1. Impairment test
2.3.2. Net realizable value of capitalized software costs
2.3.3. The adjusted unamortized cost becomes new cost basis
2.4. Product enhancement
2.4.1. The original product will no longer be marketed
2.4.2. The original product will remain on the market
2.4.3. Amortization of product enhancement costs
3. Software developed or obtained for internal use
3.1. Criteria for Internal-Use Software
3.2. Stages of Software Development
3.2.1. Preliminary project stage
3.2.2. Application development stage
3.2.3. Post-implementation (operation) stage
3.2.4. Capitalizable costs
3.2.5. Amortization of capitalized cost
3.3. Impairment of capitalized cost
3.3.1. Steps to identify and measure impairment
3.4. Upgrades and Enhancements
3.5. Suspended Projects

Checkout options and payment methods

1. Checkout as a gust
By default, the guest checkout is enabled. If you hit add to cart and checkout as a guest, your information will not be saved, and you will not have an account on our website that will list your order history, order information, and the status of your order.

Available payment methods under this option: Debit/Credit card and Paypal.

2. Register an account, then checkout
Users have the option to register an account on our website and then perform the checkout. In this way, buyers can see their order history, order information, and their order status under their account. They will also be connected with us and will benefit from the other features our website provides.

Available payment methods under this option: Debit/Credit card and Paypal.

If you want to register an account on our website but want to keep your phone number private, type: "Private" in the phone number field, and you will successfully checkout without providing a phone number.

3. Express checkout
Users can checkout without using add to cart button above. Users can click on one of the buttons below and checkout. Under this method, your checkout will be handled through Amazon or Paypal, and you will not have visibility on your order through our website.

Checkout with Amazon
Express checkout
Checkout with PayPal
Express checkout
ISBN 13 978-0999358153
ISBN 10 0999358154
Accepted payment methods Credit/debit card/ paypal/ amazon pay
Book format Print
Shipping Cost
Delivery Time 1 to 5 Business days
Shop Location

No reviews found!

No comments found for this product. Be the first to comment!