Log Out

FASB Issues ASU on Accounting for Cloud Computing Implementation Costs

September 4, 2018

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) aimed at reducing complexity for the accounting for costs of implementing a cloud computing service arrangement. The ASU is based on a consensus of the FASB’s Emerging Issues Task Force (EITF) (Issue No. 17-A). Click here for more information.