04-05-2003, 06:17 AM
I am quoting the appendix of IAS 18, which is quite self-explanatory and might answer your question
<i>"19. Fees from the development of customized software are recognized as revenue by reference to the <b>stage of completion</b> of the development, including completion of services provided for post delivery service support."</i>
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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
<i>"19. Fees from the development of customized software are recognized as revenue by reference to the <b>stage of completion</b> of the development, including completion of services provided for post delivery service support."</i>
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
