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How does one make a cloud purchase a capital expense for a company?

Is there anyway to make cloud purchases for a company a capital expense, for smaller companies that are looking to lower operating expense cost?

asked Oct 17, 2017 in IAS 16 - Property, Plant and Equipment by utzaf Level 1 Member (1,100 points)

1 Answer

0 votes
I think you have the answer here:

answered Oct 18, 2017 by Visio Level 5 Member (25,120 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