software capitalization

[SJG]

I am looking for guidance on software capitalization when there is a Statement of work/multi year professional services contract that is based upon a software deliverable and not the hours worked. How has capitalization been determined?

Thanks,

SJG

[Glenn]

SJG,
From a Statutory perspective the guidance for software can be found in SSAP 16R. Given the limited details/facts provided please review the SSAP16R for applicability to the situation.


Regards