New guidance from the Financial Accounting Standards Board on accounting for cloud computing costs will take effect for public business entities in 2020 and provide a welcome change for companies incurring significant implementation costs as corporate computing continues to migrate to the cloud.
Maria L. Murphy, CPA, is a regular contributor to Compliance Week. She is a senior content management analyst, accounting and auditing products, CCH tax and accounting North America for Wolters Kluwer.... More by Maria L. Murphy
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