Standards-anchored reference to primary IFRS and FASB text. Not accounting advice.
AI Capitalisation
Axis 1 / cost taxonomy

The AI cost taxonomy

Head note

The AI spend stack breaks into ten cost lines, from compute and data through to the trained model weights and the cloud that serves them. Each line has a default treatment and a governing standard under both IFRS and US GAAP. This taxonomy is the entry point: find your spend, then follow it to the treatment and the paragraph that decides it.

1

The stack at a glance

Sources of record
  1. S1IAS 38 Intangible Assets, IFRS Foundation (IFRS). https://www.ifrs.org/issued-standards/list-of-standards/ias-38-intangible-assets/
  2. S2Handbook: Software and website costs (ASC 350-40 internal-use software), KPMG (US GAAP). https://kpmg.com/us/en/frv/reference-library/2026/handbook-software-website-costs.html
  3. S3Applying ASC 985-20 and ASC 350-40 to software costs, Crowe (US GAAP). https://www.crowe.com/insights/how-to-apply-asc-985-20-asc-350-40-software-costs
Standards-anchored reference · not accounting adviceRevised 2026-07-24