Financial Policy Documents Changelog
Chapter 13 - Accounting for Internal Use Software
Volume V Chapter 13 – April 2023
| Section | Revision | Office | Reason for Change | Effective Date |
|---|---|---|---|---|
| 1303 Definitions | Modified definition of VA phases and software to updated stages and software | OFP (047G) | Change in software development methodology and associated terminology approved by VA CIO | April 2023 |
| 1305 Policies | Modified language surrounding VA phases to updated stages Updated reference to IUS project management software Added detail about how IUS costs are tracked in VA’s financial systems |
OFP (047G) | Change in software development methodology and associated terminology approved by VA CIO Replacement of VIP Dashboard with VA PARS |
April 2023 |
| Appendix A | Moved previous revisions to Appendix A | OFP (047G) | To align with policy format | April 2023 |
| Appendix B | Modified language surrounding VA phases to updated stages | OFP (047G) | Change in software development methodology and associated terminology approved by VA CIO | April 2023 |
| Appendix D | Added Appendix entitled Recording IUS Costs – iFAMS | OFP (047G) | To provide iFAMS guidance for recording IUS costs | April 2023 |
| Appendix E | Updated references to VA CIO mandated methodology and responsible offices | OFP (047G) | Change in software development methodology and associated terminology approved by VA CIO | April 2023 |
Chapter 13 - Accounting for Internal Use Software
Volume V Chapter 13 – February 2020 Revisions
| Section | Revision | Office | Reason for Change | Effective Date |
|---|---|---|---|---|
| 1301 Overview | Update useful life definition to match PP&E definition | OFP (047G) | Align with SFFAS 6 | February 2020 |
| 1305 Policies | Update useful life definition to match PP&E definition | OFP (047G) | Align with SFFAS 6 | February 2020 |
| Appendix D | Moved previous policy revisions table to an appendix | OFP (047G) | Improve readability | February 2020 |
Chapter 13 - Accounting for Internal Use Software
Volume V Chapter 13 – March 2019 Revisions
| Section | Revision | Office | Reason for Change | Effective Date |
|---|---|---|---|---|
| 1303 Definitions | Added definitions for Veteran-focused Integration Process (VIP) and its four specific phases (Initiation, Project, Product, and Close-out), development phase, operations phase, planning phase, internal use software (IUS), and obsolete software Updated definition of internally developed software |
OIT (005F) | Improve clarity | March 2019 |
| 1304 Roles and Responsibilities | IUS Product and Program Managers changed to IUS Project and Program Managers | OIT (005F) | Align with OIT procedural guidance | March 2019 |
| 1305 Policies | Added data migration to the list of non-capitalized costs Modified useful life and added table providing criteria for assignment of useful life Clarified guidance on management of obsolete software Added requirement for annual inventory to responsibilities for IUS Project and Program Managers |
OIT (005F) | Improve clarity and align with OIT procedural guidance | March 2019 |
Chapter 13 - Accounting for Internal Use Software
Volume V Chapter 13 – January 2018 Revisions
| Section | Revision | Office | Reason for Change | Effective Date |
|---|---|---|---|---|
| Various | Reformatted to new policy format and completed 5-year review | OFP (047G) | Reorganized chapter layout | January 2018 |
| Various | Changed Volume and Chapter from Volume III, Chapter 10 to Volume V, Chapter 13 | OFP (047G) | To categorize the chapter with other Asset chapters | January 2018 |
| 1303 Definitions | Added, removed, and modified definitions previously included | OFP (047G) | To add clarity | January 2018 |
| 1304 Roles and Responsibilities | Added responsibility for OIT to maintain an IUS standard operating procedure (SOP) and working group | OFP (047G) | To address Notice of Findings Report (NFR) VA 15-1, Financial Reporting | January 2018 |
| 1305 Policies | Added language for use of reasonable estimates and revaluing previously reported assets as authorized by FASAB SFFAS No. 50 | OFP (047G) | FASAB updated guidance | January 2018 |
| 1305 Policies | Updated dollar threshold for capitalization of IUS to $1 million and 4 years or more (NTE 20 years) | OFP (047G) | Update to VA’s threshold | January 2018 |
| 1305 Policies | Emphasized tracking and recognition of full cost Defined VA’s Development phase |
OFP (047G) | To address NFR VA 15-1 and 16-4, Financial Reporting | January 2018 |
| 1305 Policies | Clarified accounting for cloud computing, services made available by a non-VA provider | OFP (047G) | Updates to reflect change in technology | January 2018 |
| 1306 Authorities and References | Added FASAB SFFAS 50, TR 16 and TR 17 Removed FASAB SFFAS 35 and TR 5 |
OFP (047G) | FASAB updated guidance | January 2018 |
| 1306 Authorities and References | Added OIT EPMO VIP Business Office SharePoint | OFP (047G) | Reference to VIP Guide | January 2018 |
| 1308 Questions | Added POC for NCA and FSC | OFP (047G) | Ensure appropriate contacts are listed | January 2018 |
| Appendix A | Added Appendix A | OFP (047G) | Provides additional guidance on VIP | January 2018 |
