PODCAST

Podcast: Research and development

We provide an overview of the accounting for research and development (R&D) costs and R&D funding arrangements.

John Barbagallo

John Barbagallo

Managing Director, Dept. of Professional Practice, KPMG US

+1 212-954-7258

Nick Burgmeier

Nick Burgmeier

Partner, Dept. of Professional Practice, KPMG US

+1 212-909-5455

Podcast overview

KPMG professionals discuss various types of research and development activities and funding arrangements, including the accounting for those transactions.

Applicability

  • All entities that enter into research and development related activities and/or funding arrangements.

Podcast contents

  • 00:40 – Overview of R&D
  • 01:55 – Types of R&D activities
  • 04:00 – Accounting for R&D costs
  • 07:00 – Determining 'alternative future use'
  • 08:25 – R&D funding arrangements and related accounting
  • 13:35 – Future standard setting