FASB Reshapes Cloud Capitalization – Lens360

What is Happening? In December of 2015, new guidance from the U.S. Financial Accounting and Standards Board (FASB) went into effect regarding how public companies should account for fees associated with Cloud computing contracts. This guidance clarified that if the arrangement does not include the transfer of a software license, fees should be treated as … Continue reading FASB Reshapes Cloud Capitalization →

Sourced through Scoop.it from: blog.saugatucktechnology.com

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