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In August 2018, FASB issued ASU 2018-15, IntangiblesGoodwill and OtherInternal-Use Software (Subtopic 350-40) Customers Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That

In August 2018, FASB issued ASU 2018-15, IntangiblesGoodwill and OtherInternal-Use Software (Subtopic 350-40) Customers Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.

Read the ASU, in 3 pages or less, 12 point Arial font, double spaced, discuss this amendment to the codification.

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