So the big question is, is the threshold the TOTAL or is it PER
title. Another thing to remember, is according to what I read in GASB
51 the Website, if developed in house is considered an internally
developed software.
I also know the board needs to have a policy in place by July 1. :)
Karl H. Hehr
Technology/Curriculum Director
South Hamilton CSD
www.s-hamilton.k12.ia.us
515.827.5418 (W)
515.209.9767 (C)
515.827.5368 (F)
Luddite by Degrees
1) Anything that is in the world when you're born is normal and
ordinary and is just a natural part of the way the world works.
2) Anything that's invented between when you're 15 and 35 is new and
exciting and revolutionary and you can probably get a career in it.
3) Anything invented after you're 35 is again the natural order of
things
--- Douglas Adams
On May 27, 2010, at 2:18 PM, Jackie Fonley wrote:
Here is what our business manager sent me yesterday about this:
I forgot to tell you about the next fun thing we (Business Managers)
get to report for this year! This one is called GASB 51 and it has
to do with intangible assets. Basically what I need to know is if
we have any software that we use that is internally generated. And,
if so, a dollar amount on that software :)
Then, we have to come up with a cost for all the other computer
software. The Board will have to adopt a board policy that has a
threshhold for that software.
On May 27, 2010, at 2:03 PM, Karl Hehr wrote:
I was just asked by my business secretary, about an INtangible
Assest policy. Apparently there is a policy at the state level
relating to asset tagging software, and all non-tangible tech (see
also: Webpage). I was wondering if any of you have heard about
this, or is this something we can all look forward too in the fall?
Karl H. Hehr
Technology/Curriculum Director
South Hamilton CSD
www.s-hamilton.k12.ia.us
515.827.5418 (W)
515.209.9767 (C)
515.827.5368 (F)
Luddite by Degrees
1) Anything that is in the world when you're born is normal and
ordinary and is just a natural part of the way the world works.
2) Anything that's invented between when you're 15 and 35 is new
and exciting and revolutionary and you can probably get a career in
it.
3) Anything invented after you're 35 is again the natural order of
things
--- Douglas Adams
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