New Q&As on Software Revenue Recognition


The AICPA has released another set of technical questions and answers (Q&As) on Statement of Position (SOP) 97-2, Software Revenue Recognition. The Q&As are available on the Institute’s Web site ( www.aicpa.org/members/div/acctstd/general/othitem.htm ). A print version will be included in the next edition of the AICPA’s Technical Practice Aids, which will be available this summer.

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.