The software industry is being inundated with important accounting and valuation questions. The rules and regulations governing accounting of the software industry are very different from other industries. The software industry has unique accounting concerns, such as capitalization of development costs and software revenue recognition. This book emphasizes accounting and financial reporting, and discusses taxation, law, and general industry subjects.
If on a fine day we take our stand on one of the terraces, or battlements, of Mont Orgueil Castle—and there is hardly a pleasanter spot in Jersey in which to idle away a sunny summer afternoon—we shall realize more completely than geography books can tell us that the Channel Islands really constitute the last remnants of the ancient Norman dukedom that still belong to the English Crown. For there, across the water, not more than twenty miles away, and stretching from north of Carteret far southwards towards Granville and Mont St. Michel, is the long white line of the Norman coast itself—on a clear day it is even possible to make out the tall, twin spires of Coutances, half a dozen miles inland, crowning, like Lincoln or Ely, their far-seen hill. No part 6of France, it is true, approaches so closely to Jersey as Cap de la Hague (the extreme north-west point of the Cotentin) approaches to the north-east corner of Alderney.