IFRS Talks - PwC's Global IFRS podcast cover image

Episode 115: Accounting for Cloud Computing Arrangements

IFRS Talks - PwC's Global IFRS podcast

CHAPTER

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner