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 Financial Accounting Standards Board (FASB) has finalized an update to accounting standards that affects how companies account for and disclose certain software development costs. Why it matters: ...

Recent tentative decisions on software cost accounting by the Financial Accounting Standards Board (FASB), if ultimately finalized, could require finance executives to reevaluate and possibly remake ...

The Financial Accounting Standards Board is considering implementing a new rule for reporting business software costs, which some say would be a welcome change. The current method for reporting ...

The Financial Accounting Standards Board issued a proposed accounting standards update Tuesday to update the guidance on accounting for software, specifically when it comes to developing software for ...