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by BeetleB
2482 days ago
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>considering timelines in engineering are to support a version for 60 years. In the vast minority of cases. Not in most electrical engineering (except power plants), nor in computer engineering. 60 years ago was 1959. What software/computer project from that time is still running? Even moving outside of the electrical domain, how many physical products outside of civil engineering is expected to last that long. I certainly can't expect support for my car for longer than 25 years. |
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I've yet to see a CPA adequately depreciate software assets, anywhere. Maybe we should help them out by building better depreciation schedules. There seems to be a lot of CPAs that don't believe software depreciates over time, and maybe that's the largest disconnect in labeling it "tech debt", because accountants hear that term and think they can ignore it on a balance sheet they don't care about, but "tech depreciation" might actually scare them straight (until they find the tax advantages in calling it that).