Accounting for Cloud Computing Arrangements

Overview

Internal-use software has evolved considerably over the years. It has shifted from local installations to cloud computing and “as a service” offerings. The FASB addressed this trend with ASUs impacting accounting and financial reporting related to cloud computing arrangements. This course covers these requirements, effective from January 1, 2022.

Find this course for your license

License or Certification

Regulator

Objectives

recognize what is meant by the term "cloud computing arrangements"
identify key requirements prescribed by ASUs No. 2015-05
differentiate between computer software that is and is not used for internal-use
recognize important amendments issued in 2018 by the FASB

Designed For:

Practicing CPAs, both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Prerequisites:	A general understanding of financial accounting principles and accounting for software and systems
Advanced Preparation:	None

At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.

Quick Links

Catalog

Business Solutions

Blog

Special Offers

All Products

Information

Privacy

Business Continuity

Accessibility

Sitemap

Terms