Many companies and accounting firms have been focusing on new standards on revenue recognition and accounting for leases, hedging, and credit losses. But another new FASB standard — on 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 Where do I get my cloud news? It’s almost never CPA Journal. But, more and more, ...

During the meeting, PCC members confirmed that accounting for implementation costs in a cloud computing arrangement is a prevalent issue for private companies. A PCC member also recommended FASB ...

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 some ...

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 ...

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 ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that reduces complexity for the accounting for costs of implementing ...

Cloud-enabled computing is more important than ever for finance and accounting teams. With these functions now needing to be performed easily from home or otherwise remotely, this year's pandemic has ...