The fact that something needs to be maintained is not evidence that it’s not an asset. Perhaps the maintenance should be expensed. But people are kidding thems

The fact that something needs to be maintained is not evidence that it’s not an asset. Perhaps the maintenance should be expensed. But people are kidding themselves if they think the majority of development is not making something that will be useful for longer than the immediate year. What does your company do? Oh we make X. Well developing X is building an asset.