Many entities develop software that will either be used internally or sold to others. The primary subtopics in the Financial Accounting Standards Board's Accounting Standards Codification (ASC) that must be considered when determining the accounting treatment for the related software development costs are ASC 985-20, Software – Costs of Software to be Sold, Leased, or Marketed, and ASC 350-40, Intangibles – Goodwill and Other – Internal-Use Software. ASC 985-20 is applicable to costs incurred to develop or purchase software to be sold, leased or otherwise marketed as a separate product or as part of a product or process, while ASC 350-40 is applicable to costs incurred to develop or obtain software solely to meet an entity's internal needs and for which no substantive plan exists or is being developed to externally market the software. Yasin Tahlil Pdf on this page. The application of the guidance in ASC 985-20 versus ASC 350-40 can result in significantly different accounting treatments for these costs. As a result, it is important for entities to ensure they are following the appropriate guidance. In many cases, it is quite clear which of these ASC subtopics should be followed. However, the question often arises with respect to whether ASC 985-20 or ASC 350-40 should be applied to the software development costs incurred by entities that develop software and provide access to or host the software through the internet ( i.e. Daughter The Wild Youth Zip Download Achieve on this page. Vita Solo Instruments Serial Killer. , software as a service (SAAS)) rather than transferring possession of the software to the customer.