Accounting for Software

Master the complex accounting rules that apply to software assets. This course explains how accounting differs for software developed for internal use versus software intended for sale. Learn to apply the appropriate revenue recognition guidance for software transactions and address presentation and disclosure requirements in the financial statements. Gain practical, GAAP-based guidance to ensure the accurate capitalization, amortization, and reporting of software-related activities.
Format

PDF Course

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Duration

1 Hour

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Course Information

Author: Steven Bragg
Course Number: AC1134

Learning Objectives
  • Recognize when software is considered to be for internal use or for sale.
  • Specify the circumstances under which software costs and website development costs can be capitalized.
  • Identify the steps required to recognize revenue from a software sale transaction.
  • Recognize the presentation and disclosure topics relating to software.

Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: February 2026
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.