Capitalising Your Cloud; financing options for cloud projects - ERP Spain.com - España y América Latina

Every IT organisation is under pressure to deliver services as efficiently as possible, utilising infrastructure and services that may have a significant impact on the financial position and results of the organisation Historically, cloud technology has made reference to the potential benefits of transferring costs from the balance sheet (capex) to the income statement (opex). However, an unintended consequence has been that few, if any, cloud related costs could be capitalised. This may not be the desired outcome for all organisations and the capitalisation of certain types of cloud technology maybe preferred, or even required by accounting standards. This session explores this area and what key considerations can be given to the capitalisation of cloud.