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Statement of position 97-2

24 Mar 15 - 23:29



Statement of position 97-2

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Date added: 25.03.2015
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SOP 97-2. By clicking on the ACCEPT button, you confirm that you have read and understand the FASB Website Terms and Conditions. Do you accept the terms

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Scope of statement of position 97-2. 1. 1.1. Determining whether software is incidental to the product as a whole. 1. 1.2. Determining when software becomes 2-1: Entities That Have Arrangements Within the Scope of SOP 97-2. 22. 2-1.1: Examples of Disclosures Made by Companies That Have Applied SOP 97-2 to Oct 24, 2013 - The statement was released due to changing business models within the software industry and was known as SOP 97-2 software revenue

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SOP 97-2 applies to all entities that license, sell, lease, or market computer software. It also applies to “hosting” arrangements in which the customer has the Dec 29, 2005 - AICPA Statement of Position No. 97-2, Software Revenue Recognition, AICPA. Statement of Position No. 81-1, Accounting for Performance of Application of AICPA Statement of Position 97-2, Software Revenue Recognition, to Arrangements That Include the Right to Use Software Stored on AnotherEXECUTIVE SUMMARY Statement of Position (SOP) 97-2 provides guidance on applying GAAP in recognizing revenue from software and software-related AICPA Statements of Position (SOPs), available full-text at the links below from the .. 98-4, Deferral of the effective date of a provision of SOP 97-2, Software Under SOP 97-2, recognition of revenue generally occurs at delivery if a four-part conjunctive test is met. Software delivery should be straightforward and require


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