Deloitte comment letter on tentative agenda decision on configuration or customisation costs in a cloud computing arrangement (IAS 38)

Published on: 15 Feb 2021

We have commented on the IFRS Interpretations Committee's publication in the December 2020 IFRIC Update of the tentative decision not to take onto the Committee’s agenda the request for clarification on accounting for costs of configuring or customising the supplier’s application software in a Software as a Service (SaaS) arrangement.

We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda for the reasons set out in the tentative agenda decision. However, we believe that the wording of the decision could be clarified.


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