These are things I've read and heard, but you can never be 100% sure that the sources are right., if the source isn't Michael himself. An example: Jermaine said MJ's favourite colors were gold and red, Taraborrelli said in his book that it was yellow, so who are you going to believe...
GAAP, however, generally requires that these costs be expensed when incurred because it is difficult determine their future benefits and relation to future revenues (the matching principle). Unless there are large amounts of organizational expenses, they are usually expensed for GAAP and financial reporting purposes.
If you havenât spent much time analyzing the costs of EHRs, this part of the process may be an eye opener. Why should one consider the hidden costs of EHRs? EHR costs are much more than just the initial purchase, implementation and maintenance fees. If a budget misses the hidden costs, an implementation could fail, degrade over time and worst-case scenario â bankrupt an organization. To help sort out these expenses, several broad cost categories should be considered: Initial, Repeat, Future and Special Project costs.