Apple's Software Development Costs

Costs which are incurred to internally develop intangible assets are generally expensed not capitalized. However, there are some exceptions in IFRS & U.S.GAAP. For example:

Research & Development Costs: IFRS require that expenditures on research should be expensed as an intangible asset while… Read complete article: Click on the link below. The CFA Experience: Apple’s Software Development Costs