
Episode 115: Accounting for Cloud Computing Arrangements
IFRS Talks - PwC's Global IFRS podcast
Is the Service Provider Distinct From the Cess Provider?
The committee acknowledged that i 30 eght says that you recognize a service as an expense when it is performed by the supply in accordance with the contract. A good service is distinct if am customer can benefit from the good of service, either on its own or with other readily available resources, and its separately identifiable. So distinct c c ge expenses incurred, not distinct ones get pepment. Are these costs generally distinct? Ah, a magic question. Welli i think thatat's a very difficult question. But youn generally woul probably be able to be capable of being distinct.
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