Accounting Standards Update No. 2018-15, Intangibles — Goodwill and Other — Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing ...

New accounting rules may not be on the cloud deployer’s Top 10 list these days, but they mean more than you think Topics Spotlight: New Thinking about Cloud Computing ...

NEW YORK, May 6, 2020 /PRNewswire/ -- More than half of public company executives say their organizations are in the cloud now (53.9%) and an additional 25.5% say their organizations will move ...

FASB issued a new standard Wednesday that is designed to reduce complexity for the accounting for costs of implementing a cloud computing service arrangement.. The guidance is published in Accounting ...

The update emerged from a consensus of FASB’s Emerging Issues Task Force that was announced in June (see EITF reaches consensus on accounting for cloud computing costs).It harmonizes two types of ...

The Financial Accounting Standards Board (FASB) changed a rule in December that will make it harder to capitalize the cost of cloud set-up and implementation expenses, a change that may encourage ...

Nearly two-thirds of accountants plan to adopt some form of cloud computing technology over the next two years. according to a recent survey, and a third of them are expecting to do so within the next ...

In the survey, one-fifth (19.8%) of privately held organization executives feel unprepared to comply with the FASB's lease accounting standard, while 27.7% say they are prepared to comply.

Last year, businesses continued to adopt cloud computing at a rapid pace. IDC estimated that worldwide spending on public IT cloud services reached $47.4 billion in 2013 and will grow at a rate of ...

A cloud computing company that sells accounting services provides remote servers and the applications. For a fee, they grant you online access to them for managing and maintaining your financial ...

There are countless ways to make mistakes during tax time: flubbing up data entry, missing a deduction or flat-out filing late. Those kinds of mistakes can complicate an already stressful yearly ...

Digitalization and the innovative use of digital technologies is changing the way we work, learn, communicate, buy and sell products. One emerging digital technology of growing importance is cloud ...