ASPE standards effective in 2024 and beyond | Deloitte CFR
| Title | Description | Effective Date |
|---|---|---|
| AcG-20, Customer’s Accounting for Cloud Computing Arrangements | This Guideline provides guidance on accounting for a customer's expenditures in a cloud computing arrangement; and determining whether a software intangible asset exists in the arrangement. | Effective for fiscal years beginning on or after January 1, 2024, with earlier application permitted |
| AcG-21, Accounting for Life Insurance Contracts with Cash Surrender Value | This Guideline provides guidance on recognizing and measuring cash surrender value in a life insurance policy and on presenting and disclosing policy premiums and changes in cash surrender value. | This Guideline applies to annual financial statements relating to fiscal years beginning on or after January 1, 2026. Earlier application is permitted. |