GASB issued proposed implementation steering on Monday this is meant to elucidate, give an explanation for, or elaborate on present steering on subscription-based data era preparations (SBITAs).
The publicity draft, Further Proposal for Implementation Steerage Replace — 2023, addresses the problem of whether or not a cloud computing association meets the definition of an SBITA as outlined in GASB Commentary No. 96, Subscription-Primarily based Knowledge Era Preparations.
If cleared as ultimate implementation steering, the query and resolution within the supplemental publicity draft might be added to prior to now issued questions and solutions to lead to a last implementation information, Implementation Steerage Replace — 2023.
Feedback at the proposed implementation information might be authorised via March 10. They is also submitted by way of e mail to [email protected] or via an digital enter shape.
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Supply By means of https://www.journalofaccountancy.com/information/2023/feb/gasb-proposes-implementation-guidance-subscription-based-it-arrangements.html
