Accounting for Software
2.00 Credits
Member Price $89
Non-Member Price $119
Overview
Software-related transactions continue to evolve, requiring careful analysis under U.S. GAAP. This two-credit course examines the accounting treatment of software costs, with a primary focus on internal-use software and emerging guidance.
Participants will walk through the lifecycle of software development, including capitalization and expense recognition, amortization, and impairment considerations. The course includes a focused review of ASU 2025-06 and its impact on accounting for internal-use software.
Additional topics include accounting for website development costs, Software-as-a-Service (SaaS) arrangements, and other cloud computing arrangements (CCAs), including implementation and hosting considerations. The course also addresses accounting for external-use software, including technological feasibility, capitalization thresholds, and related revenue considerations.
Through practical examples and case-based scenarios, participants will strengthen their ability to interpret authoritative guidance and analyze the financial reporting implications of software-related transactions.
Highlights
- Master the accounting for software costs under U.S. GAAP
- Navigate capitalization, amortization, and impairment with confidence
- Understand the full lifecycle of internal-use software accounting
- Stay current on ASU 2025-06 and emerging guidance
- Apply accounting rules to SaaS, cloud computing, and website development costs
Prerequisites
None
Designed For
All accounting/auditing professionals
Objectives
- Recall the accounting for internal-use software under ASU 2025-06
- Identify the accounting treatment for website development costs
- Identify the accounting implications of Software-as-a-Service (SaaS) arrangements
- Recall the accounting for external-use software
Preparation
None
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions LLC
Melisa Galasso, CPA is passionate about providing confidence, not just compliance as she leads Galasso Learning Solutions as Founder & CEO. Melisa is a nationally recognized authority in designing and facilitating courses on advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Since 2016, she has guided the GLS team to deliver quality in everything we do. With a far-ranging career in public accounting, academia and industry and a bachelor’s degree from Georgetown University, Melisa has built a reputation for delivering engaging, effective learning experiences for CPAs. Committed to advancing our profession, she has served on multiple committees for leading industry organizations including the AICPA and FASB, written the nonprofit accounting book, “Money Matters for Nonprofits,” and has been honored with the Top 50 Women in Accounting Award, the Rising Star award from NAWBO Charlotte, and “40 under 40” recognition by CPA Practice Advisor. In her free time, Melisa loves spending time with her family and can often be found at one of her daughter’s horse shows, supporting the arts with tickets to the orchestra, volunteering, or speaking a bit of French or Spanish on one of her treasured quarterly vacations.
Non-Member Price $119
Member Price $89