Implementing a new software system can improve outdated processes, deliver higher quality information, provide better vision for a company’s leaders, and can make once-complex decisions seem relatively simple. However, accounting for such systems is not always straightforward.
PYA’s on-demand webinar session focuses on defining the accounting treatment of many activities and costs associated with new systems. In it, we identify and review the new accounting guidance related to cloud computing arrangements.
Matt Stuart and Trevor Brown, both Audit and Assurance experts at PYA, will help you:
- Identify the types of internal software system conversion activities and costs that can, and cannot, be capitalized.
- Recognize the accounting treatment of costs associated with cloud computing arrangements.
Accounting for System Conversions: Stop Worrying and Love the Cloud — Matt Stuart & Trevor Brown from PYA on Vimeo.
If you have questions about accounting for new software systems, or would like assistance with any matter involving accounting or audit and assurance, contact one of our PYA executives below at (800) 270-9629.