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  2. PwC
    https://www.pwc.com › ... › consulting › cloud-digital › cloud-transformation › cloud-computing.html

    Accounting for cloud computing arrangements: PwC

    • Key accounting considerations 1. Effective dates (ASU 2018–15): 2020 for public business entities, 2021 for all other entities. 2. Capitalization requirements for CCA implementation costs aligned with ASC 350-… See more

    Previous Standard

    Helped entities evaluate the accounting for fees paid by a customer in a CCA by distinguishing between arrangements that include a software license and arrangemen… See more

    PwC
    New Guidance

    Provides balance sheet, income statement and cash flow classification of the capitalized … See more

    PwC
    1

    If the CCA includes a software license, under the old guidance, the license is within the scope of the internal-use software guidance. This addresses which costs should be c… See more

    PwC
    What to know about accounting for cloud computing costs?
    What to know about accounting for cloud computing costs: As organizations explore IT transformation, it is critical for them to ask whether they can run software on their own servers or a third party’s servers, or whether they are restricted to only accessing the technology through the cloud.
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    What to know about accounting for cloud computing costs?
     

  1. Accounting For Cloud Computing Costs

    Organizing and summarizing search results for you
    Accounting for cloud computing costs involves the following considerations:
    pwc.com+2
    1. The FASB issued new guidance on a customer's accounting for implementation, set-up, and other upfront costs incurred in a cloud computing arrangement (CCA) hosted by the vendor.
    2. Accounting standards do not provide explicit guidance on how to account for cloud computing costs.
    3. Transitioning to the cloud or implementing a new cloud computing arrangement can involve significant costs for companies.
    Based on 3 sources:
    PwC
    https://www.pwc.com/us/en/services/consulting/cloud-digital/cloud-transformation/cloud-computing.html
    1
    Accounting for cloud computing arrangements: PwC
    On August 29, 2018, the FASB issued new guidance on a customer's accounting for implementation, set-up and other upfront costs incurred in a cloud computing arrangement (CCA) hoste…
    EY
    https://www.ey.com/en_gl/insights/ifrs/what-to-know-about-accounting-for-cloud-computing
    2
    What to know about accounting for cloud computing - EY
    Transitioning to the cloud or implementing a new cloud computing arrangement can involve significant costs for companies, and there are implications for how these costs are account…
    3
    Deloitte
    Deloitte
    https://www2.deloitte.com/us/en/pages/advisory/articles/accounting-for-cloud-computing.html
    3
    Accounting for cloud computing arrangements - Deloitte United States
    What to know about accounting for cloud computing costs: 1 The transition to a cloud computing arrangement is becoming more and more prevalent More items
     
  2. Deloitte
    https://www2.deloitte.com › us › en › pages › advisory...

    Accounting for cloud computing arrangements - Deloitte United …

     
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