Updated as of September 1, 2012, this guide includes relevant information contained in standards issued through that date, supplemented with specific "how-to" recommendations that show how to apply standards to computer software and high technology manufacturing industries. Updates significant to this edition include accounting implications of FASB ASU No. 2010-17, Revenue Recognition-Milestone Method (Topic 605): Milestone Method of Revenue Recognition-a consensus of the FASB Emerging Issues Task Force.