FASB Updates Cloud Computing Accounting Standards, Which Impacts Oracle Cloud

FASB Updates Cloud Computing Accounting Standards, Which Impacts Oracle Cloud

As of August 29, 2018, the Financial Accounting Standards Board (FASB) has approved amendments to the accounting guidelines that relate to cloud computing. These changes affect Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) contracts, as well as similar types of hosting arrangements. Oracle Cloud products will be […]

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