The Financial Accounting Standards Board issued a proposed accounting standards update Thursday aimed at improving how to account for the costs of implementing cloud computing. The proposed update ...

The terms “cloud hosting” and “cloud computing” are often used interchangeably, but they are not really the same thing — though in most cases, both approaches are modeled on a client/server ...

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 ...

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, ...

With improvements to security and functionality, cloud computing is starting to play a central role in the way accountants deal with small- to -medium-sized enterprise (SME) clients. Addressing an ...

Acumatica is an innovative company that develops Cloud ERP software designed to improve the productivity of mid-sized organizations. Using Acumatica, clients can access their business applications and ...

The increased use of web-based cloud accounting applications has provided users many advantages related to efficiencies and cost savings but conversely it adds certain risk factors, says Roman Leshak, ...

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 ...

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 ...