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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The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

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