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- 2015-4-16
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- 2015-6-7
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请问这题为什么US GAAP要全部capitalize，technology feasibility 不是后来才confirm的？Software development costs. Costs incurred to develop software for sale to others are expensed as incurred until the product’s technological feasibility has been established, after which costs are capitalized under both IFRS and U.S. GAAP. Judgment is involved in determining technological feasibility.
Example: Software development costs
Over a 10-month period, Royal Manufacturing Company expended $2,500 per month to develop software for its own use. For the first three months, Royal could not estimate the probable future benefits of the expenditures. Over the remaining seven months, the expenditures met the capitalization criteria for identifiable intangible assets in accordance with IFRS. The software was completed on time and is in use today.
What amount of the software expenditures should Royal capitalize under IFRS and U.S. GAAP?
Answer:
Under IFRS, Royal can only capitalize the software expenditures that meet the capitalization criteria. The expenditures made before the criteria were met are expensed in the period incurred. Thus, Royal will expense $7,500 ($2,500 per month x 3 months) over the first three months, and capitalize $17,500 ($2,500 per month x 7 months) over the last seven months.
Under U.S. GAAR Royal will capitalize all of the expenditures for software developed for its own use. Thus, Royal will capitalize $25,000 ($2,500 per month x 10 months).
非常感谢。 |
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发表于 2015-4-18 20:56
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