External resource

FASB Accounting Standards Codification Topic 985, Software

Authoritative US GAAP source for costs of software to be sold, leased, or otherwise marketed, including technological feasibility and subsequent production boundaries.

Authority and currency

About this authority

Publisher: Financial Accounting Foundation
Standing: Primary authority
Version: Topic 985 as accessed 2026-08-08
Relevant parts: Topic 985, especially Subtopic 985-20; verify product purpose and technological-feasibility evidence
Currency: current · checked Aug 8, 2026

Open the primary source

Topic 985 supplies a different cost clock from internal-use software. The learner must identify product purpose and preserve the evidence-supported technological-feasibility and availability dates before classifying costs.