A&A news from around the web: Feb. 5 – 9, 2018

Written on Feb 08, 2018

Technologies driving remote auditing
On-site auditing has worked reasonably well through the years, though time and cost considerations – both from the company and firm’s vantages – typically took secondary focus to successful audit completion, and healthy relationships maintained. It’s now possible to encapsulate all these objectives through remote auditing.

FASB update
FASB has updated the project summary on its website:

Customer’s accounting for implementation costs incurred in a cloud computing arrangement that is considered a service contract

 

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