Applying IFRS – Accounting for cloud computing costs

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EY Global IFRS

14 Jul 2020 PDF
Categories Leases Other IFRS

This publication discusses how an entity might account for a cloud computing arrangement considering the requirements in IFRS.

IFRS standards do not contain explicit guidance about a customer’s accounting for cloud computing arrangements, so judgement will be required to account for them. This technical guidance discusses how an entity might account for a cloud computing arrangement and is intended to help companies consider the requirements in the various IFRS standards.