Status of Statement No. 86

Accounting for the Costs of Computer Software to Be Sold, Leased, or Otherwise Marketed

Status

Issued: August 1985

Effective Date:

For financial statements for fiscal years beginning after December 15, 1985

Affects:

Amends FAS 2, paragraph 31

Amends FIN 6, paragraphs 3, 6, and 8

Deletes FIN 6, paragraphs 7 and 9

Supersedes FTB 79-2

Affected by:

No other pronouncements

Other Interpretive Release:

FASB Highlights, "Computer Software: Guidance on Applying Statement 86," February 1986 (in Current Text Section Co2)

AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncements:

SOP 81-1

SOP 94-6

SOP 98-1

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:

No EITF Issues

Interpreted by:

No EITF Issues

Related Issues:

EITF Issues No. 96-6, 00-2, 00-3, and 03-5 and Topic No. D-71

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides