GASB 62 vs. GASB 87

The latest GASB Implementation Guide was released in August 2019. To help you better understand the new guidelines, our Technical Accounting Manager, Jason Parker, outlines the major differences between GASB 62 and GASB 87.

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Software Capitalization Rules under US GAAP and GASB

Software Capitalization Rules under US GAAP and GASB

1. Software Capitalization Rules under FASB and GASB 2. Types of software Purchased software Internally-developed software Software as a Service (SaaS) 3. SummarySoftware Capitalization Rules under FASB and GASB The capitalization of software development costs was a...

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