Please write a 2 page essays to answer the questions in attached files.

Please write a 2 page essays to answer the questions in attached files.

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1. What are the differences between capitalizing and expensing the software
development costs? Can you give an example?
2. What incentives do managers have for capitalizing versus not capitalizing software
development costs?
3. Could there be a difference in the amount of software development costs
capitalized using US GAAP and IFRS? Why or why not? (Better give examples via
the comparisons among companies, like one is using GAAP and the other is using
IFRS)
4. Do you think software development costs capitalized using US GAAP would be
more or less using IFRS? Why or why not? (Better give examples via the comparisons
among companies, like one is using GAAP and the other is using IFRS)

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