Under GAAP, software development before feasibility is expensed, however, under IFRS, i am not sure it is expense or capitalize? Thanks!
It is the same rule under IFRS.
Internally developed (whether for use or sale): charge to expense until technological feasibility, probable future benefits, intent and ability to use or sell the software, resources to complete the software, and ability to measure cost. That’s the criteria under IAS 38 (IFRS)