This tool includes three sample policies that can be used to establish guidelines and set appropriate accounting procedures for the acquisition of technology, equity and other nonmarketable investments (including joint ventures), as well as for payments made for nonrecurring engineering costs and other in-process research and development.

It is the responsibility of those involved in technology acquisition and disposition processes to read and understand these guidelines and to conduct their activities accordingly. It is the IT manager’s responsibility to ensure that the process is properly documented.