Publication
Should internally developed e-commerce websites be capitalized and amortised?
| dc.contributor.author | Lopes, José | |
| dc.contributor.author | Jorge, Susana M. | |
| dc.date.accessioned | 2010-11-09T15:08:52Z | |
| dc.date.available | 2010-11-09T15:08:52Z | |
| dc.date.issued | 2004 | |
| dc.description.abstract | Websites used to perform e-commerce are becoming one of the main fixed assets of “dot.com” companies. Some accounting issues arise from the use of e-commerce websites, namely: (i) should the expenses arising from internally developed websites be capitalised and therefore the website treated like an intangible asset? ; (ii) should an ecommerce website be amortised?. In this paper we look at appropriate accounting standards from FASB (FAS 142), AICPA (SOP98-1), IAS 38 from IASB, analysing them and searching for proper accounting treatment. We also analyse the guidelines on this matter provided by FASB - EITF 00-2 “Accounting for Web Site Development Costs”, IASB - SIC 32 “Web Site Costs”, as well as the accounting treatment determined in the UK by the UITF Abstract 29: “Website Development Costs”. We conclude that some expenses incurred on “internally developed” e-commerce websites should be capitalised, but there are differences about the appropriate classification in the balance sheet. As opposed to the EITF 00-2, SIC 32 and UIFT, we suggest that ecommerce websites should be treated in a different way from others websites and they should not be amortised. Instead, they should be periodically tested for impairment. | por |
| dc.identifier.citation | Lopes, Jose ; Jorge, Susana (2004). Should internally developed e-commerce websites be capitalized and amortised? In Congress of the European Accounting Association. Prague | por |
| dc.identifier.uri | http://hdl.handle.net/10198/2741 | |
| dc.language.iso | eng | por |
| dc.subject | E-commerce | por |
| dc.subject | Websites costs | por |
| dc.subject | Accounting | por |
| dc.title | Should internally developed e-commerce websites be capitalized and amortised? | por |
| dc.type | conference object | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Prague (Czech Republic) | por |
| oaire.citation.title | Congress of the European Accounting Association, April 1-3, 2004 | por |
| person.familyName | Lopes | |
| person.givenName | Jose | |
| person.identifier.orcid | 0000-0002-0516-0076 | |
| rcaap.rights | restrictedAccess | por |
| rcaap.type | conferenceObject | por |
| relation.isAuthorOfPublication | 6f060c38-c86f-4cea-a408-10cd067bc0da | |
| relation.isAuthorOfPublication.latestForDiscovery | 6f060c38-c86f-4cea-a408-10cd067bc0da |