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Technology

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Related Publications

Technology Alert — Challenges associated with applying the new revenue standard: Blend-and-extend modifications related to a cloud-based or hosted software arrangement

Dec 02, 2019

This Technology Alert discusses three alternatives for determining how to account for “blend-and-extend modifications” (i.e., modifications in which an entity and its customer agree to extend the contract term and “blend” the remaining original, higher contract rate with the lower rate of the extension period for the remainder of the combined term).

Technology Alert — Challenges associated with applying the new revenue standard: Identifying the performance obligations in a hybrid cloud-based arrangement

Dec 02, 2019

This Technology Alert discusses considerations for determining whether an entity’s on-premise software and cloud-based service in a hybrid cloud-based arrangement are separate performance obligations (i.e., whether each promise is both capable of being distinct and distinct within the context of the contract).

Technology Alert — Challenges associated with applying the new revenue standard: Accounting for cloud-based or hosted software arrangements with variable consideration

Dec 02, 2019

This Technology Alert provides interpretive guidance intended to help entities address certain challenges associated with applying the revenue model in ASC 606 to software-as-a-service arrangements that include variable consideration.

Technology Alert — Challenges associated with applying the new revenue standard: Accounting for implementation services related to a cloud-based or hosted software arrangement

Nov 01, 2019

This Technology Alert discusses factors to consider in the determination of whether implementation services that are included in a software-as-a-service (SaaS) arrangement represent activities that do not transfer a good or service to the customer, a promise that is not distinct from the SaaS, or a distinct performance obligation.

Technology Alert — Challenges associated with applying the new revenue standard: Nonrefundable up-front fees in software arrangements

Oct 23, 2019

This Technology Alert addresses questions that have arisen in practice regarding how to account for nonrefundable up-front fees associated with a software arrangement that contains a termination provision.

Technology Alert — Challenges associated with applying the new revenue standard: Highly variable or uncertain pricing

Oct 07, 2019

This Technology Alert addresses a number of challenges associated with the residual approach, including (1) determining when its use is appropriate, (2) deciding whether an entity must reassess the appropriateness of its use in each reporting period, and (3) identifying material rights in contracts that include highly variable or uncertain pricing for optional future goods or services.

Technology Alert — Challenges associated with applying the new revenue standard: EITF project on revenue recognition for contract modifications of licenses of intellectual property

Jul 08, 2019

This Technology Alert discusses issues associated with the EITF’s project on revenue recognition for contract modifications of licenses of intellectual property, including the extension of a contract’s term and the revocation or conversion of licensing rights.

Technology Alert — Challenges associated with applying the new revenue standard: residual approach to estimating stand-alone selling prices and allocating the transaction price when a value relationship exists

Jun 12, 2019

This Technology Alert discusses considerations related to the determination of whether and, if so, how an entity that sells a software license, postcontract customer support, and professional services to a customer may use a residual approach under the FASB’s new revenue recognition standard to estimate stand-alone selling prices and allocate the transaction price to the performance obligations when a value relationship exists. The alert is the fourth in a series intended to help technology entities better understand the new guidance, particularly private organizations that are currently adopting the standard’s requirements.

Technology Alert — Challenges associated with applying the new revenue standard: Estimating stand-alone selling prices for term licenses and postcontract customer support

Feb 28, 2019

This Technology Alert discusses considerations related to establishing stand-alone selling prices for term licenses and postcontract customer support in the software industry under the FASB’s new revenue recognition standard when stand-alone sales do not exist. The alert is the third in a series intended to help technology entities better understand the new guidance, particularly private organizations that are currently adopting the standard’s requirements.

Technology Alert — Challenges associated with applying the new revenue standard: Establishing the stand-alone selling price as a range

Dec 14, 2018

This Technology Alert discusses considerations related to establishing the stand-alone selling price of a promised good or service as a range under the FASB’s new revenue recognition standard. The alert is the second in a series intended to help technology entities better understand the new guidance, particularly private organizations that are currently adopting the standard’s requirements.

Technology Alert — Challenges associated with applying the new revenue standard: Termination rights

Jul 24, 2018

This Technology Alert discusses various aspects of termination rights under the FASB’s new revenue recognition standard. The alert is the first in a series intended to help technology entities better understand the new guidance, particularly private organizations that are currently adopting the standard’s requirements.

Technology Alert — Software CXO Highlights — Common themes related to applying the new revenue standard

Aug 31, 2017

This Technology Alert briefly summarized for corporate executives (CXOs) some of the common themes associated with its application by entities in the software sector.

Technology Alert — SaaS CXO Highlights — Common themes related to applying the new revenue standard

Aug 31, 2017

This Technology Alert briefly summarized for corporate executives (CXOs) some of the common significant themes associated with its application by entities in the software-as-aservice sector.

Technology Spotlight — The future of revenue recognition (March 2017)

Mar 17, 2017

This Technology Spotlight discusses the framework of the new revenue model and highlights key accounting issues and potential challenges for technology entities that account for revenue recognition under U.S. GAAP.

Heads Up — FASB issues ASU on customers' accounting for cloud computing costs

Apr 17, 2015

This Heads Up discusses the FASB’s recently issued Accounting Standards Update (ASU) No. 2015-05, "Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement." Released as part of the Board’s simplification initiative, the ASU amends ASC 350-40 to provide customers with guidance on determining whether a cloud computing arrangement contains a software license that should be accounted for as internal-use software.

Technology Alert: FASB finalizes guidance on a customer’s accounting for cloud computing costs

Feb 26, 2015

This alert discusses the FASB's recent redeliberations of its proposed ASU that would add guidance to ASC 350-40 on a customer’s accounting for fees paid in a cloud computing arrangement.

Technology Spotlight — The future of revenue recognition

Jul 18, 2014

This Technology Spotlight discusses the new revenue model and highlights key accounting issues and potential challenges for technology entities that account for revenue under U.S. GAAP.

Technology Spotlight — Recognizing revenue from SaaS arrangements

Jan 14, 2014

This Technology Spotlight highlights certain accounting issues and challenges that entities may need to consider when developing a revenue recognition accounting policy for sales involving a software-as-a-service (SaaS) arrangement.

Technology Spotlight — Recognizing revenue from sales in a virtual world

May 09, 2013

This Technology Spotlight highlights various considerations associated with revenue recognition in the online and mobile gaming industry, particularly the “freemium” gaming model.

Technology Spotlight — Accounting for costs associated with cloud computing

Oct 29, 2012

This October 2012 Technology Spotlight discusses the accounting for certain costs associated with cloud computing services.

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