The Financial Accounting Standards Board agreed to release a draft proposal to simplify accounting for internal use software costs by, among other things, no longer considering the development stage ...

The following information has been prepared to provide guidance for tracking project activity and making the determination about which costs should be “capitalized” or “expensed”. Reference the ...

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model. Processing ...

When considering outsourcing app development, it's crucial to understand the potential financial pitfalls. A lack of thorough planning can lead to unexpected expenses, turning what seems like a ...

Kostyantyn Volkov is CEO and cofounder of IT Craft, a company specializing in full-cycle software development of any complexity. Every early-stage startup is an iterative study of what entrepreneurs ...

When developing software, we often think about the various features it will provide and how it will improve users’ efficiency. We seldom want to think about what hidden bugs the software might contain ...