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Is there anyway to make cloud purchases for a company a capital expense, for smaller companies that are looking to lower operating expense cost?
in IAS 16 - Property, Plant and Equipment by Level 1 Member (1.1k points)

1 Answer

0 votes
I think you have the answer here:

http://www.accountantanswer.com/1466/capitalize-cloud-software-setup-fees-under-ifrs-accounting?
by Level 5 Member (25.6k points)
Mysio reply brings you to good example.Yes, you can capitalise it. The link brings you to ifrs 15 which deals with revenue recognition


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