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    Accounting of application software

    Posted By : Swayam kumar sharma / Published on : 03-Jan-2019 10:36 AM / View : 395 / Comment : 1
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    Which Accounting Standard is applicable on application software developed by any company for the service of its customers ?
    Read more on : software application accounting

    • Dear Swayam,

      Application Software is in the nature of Intangible Assets, hence AS-26 or corresponding Ind AS-38 (Intangible Assets) shall apply in this case.

      04-01-2019 / 02:14:07 PM

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