December 3, 2018
1:00 – 3:30 PM
3 CPE Credit Hours
ASU 2018-15, Capitalizing Implementation Costs
Intangibles – Goodwill and Other – Internal-Use software
(Subtopic 350-40) Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract
ASU 2018-15 is the most recent installment of the FASB effort to provide guidance for one of the fastest growing business entities. Most companies today are customers of an increasing number and variety of cloud computing service providers. In April 2015, ASU 201505 provided guidance on accounting for fees paid in cloud computing arrangements.
ASU 2018-15 amends the accounting for implementation, setup and other upfront costs and applies to entities that are a customer in a hosting arrangement. These amendments align the implementation cost capitalization requirements for service arrangements with those for implementation costs incurred to develop or acquire internal-use software licenses.
- Introduction and Scope
- Implementation Costs – Components
- Recognition, Presentation, and Measurement
- Effective Date and Non-GAAP Measure Effects
WHO SHOULD ATTEND, OBJECTIVES AND PRERERQUISITES
This training webcast is intended for all customers of internal-use software arrangements.
Recommended CPE Credits for program: 3 hours; Preparation: None; Level of Knowledge: Intermediate; Field of Study: Accounting; Method of Delivery: Live-Group.
FEES AND DISCOUNTS
Individual registration fee for this half-day course is $350.
Discount is available for payment by check – call for details.
Webcast hours are 1:00-3:30.
FEES, SUBSTITUTIONS AND CANCELLATIONS
The registration fee is payable in advance. You will receive confirmation of your registration after we have processed your payment. Registrants who notify A. C. Sondhi of their intent to cancel at least 3 days prior to the day of the program may receive a refund of the fee less an administration charge of up to $50. Registrants who notify A.C. Sondhi of cancellation less than 3 days prior to the program will receive full credit toward a future Executive Education webcast. This credit is good for up to one year from the date of the program to which the cancellation applies. Substitutions can be made at any time without charge. If a course is canceled for any reason beyond our control, it will be rescheduled and the "Refunds" policy will be activated for the new date.
A.C. Sondhi & Associates, LLC 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.