Software Industry Accounting - Tapa dura

Contains hands-on, practical guidance on implementing the recently approved AICPA Statement of Position 91-1 and FASB Statement 86 which apply specifically to software companies. Written by those directly involved in drafting these pronouncements, it explains them in plain English and provides pertinent information on contractual arrangements and their affect on accounting, financial reporting and auditing. Actual examples, numerous tables and sample calculations facilitate understanding. Annual supplements will update changes in practices, accounting and auditing rules affecting the software industry.