CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Accounting & tax for Cloud Computing

  • AFSP
  • CIA
  • CMA
  • CPA (US)
  • EA
  • IAP
  • Tax Preparer
  • QIAL
  • CTEC
Accounting & tax for Cloud Computing

1 Credit

$20

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00588-21-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0562)

1 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

1 CPE credit for Certified Management Accountants (CMA)

1 CPE credit for Certified Internal Auditors (CIA)

1 CPE credit for Internal Audit Practitioner (IAP)

1 CPE credit for Qualification in Internal Audit Leadership (QIAL)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00588-21-O)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00588-21-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Circular 230 Ethics (Latest)

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Oct 22, 2021 | 03:00 PM EDT View Details

Maximize ERC Tax Credits for Your Businesses & Clients - Plus New Form 941 and Form 7200

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Oct 22, 2021 | 03:00 PM EDT View Details

Tax Valuation: Things you should know

Oct 22, 2021 | 03:00 PM EDT View Details

Corporate Performance Management (CPM)

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Cyber Incident & Response–An Interview with former United States Attorney Jay Town

(20)

Oct 22, 2021 | 04:00 PM EDT View Details

Best investments and investment strategies

(99)

Oct 22, 2021 | 04:00 PM EDT View Details

Financial Intelligence for Entrepreneurs, Executives, and Directors

(1)

Oct 25, 2021 | 09:00 AM EDT View Details

Are You Ready for a Capital Campaign?

Oct 25, 2021 | 09:00 AM EDT View Details

Differences between IFRS and GAAP

(16)

Oct 25, 2021 | 09:30 AM EDT View Details

Corporate External Financial Reporting Decisions

(17)

Oct 25, 2021 | 10:00 AM EDT View Details

Everything You Need to Know About Partnerships

(13)

Oct 25, 2021 | 10:00 AM EDT View Details

Basis Calculations & Distributions For Pass-thru Entity Owners Schedule K-1 Analysis (Latest)

(122)

Oct 25, 2021 | 10:00 AM EDT View Details

Basic Concepts of Fixed Asset Accounting

(4)

Oct 25, 2021 | 10:00 AM EDT View Details

Excel Accountant: Internal Control

(6)

Oct 25, 2021 | 10:00 AM EDT View Details

Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

(20)

Oct 25, 2021 | 10:00 AM EDT View Details

This Course is Also Available in Self Study (On-Demand)

Click Here

Course Description

Cloud computing is the delivery of different services through the Internet. These resources include tools and applications like data storage, servers, databases, networking, and software.

Cloud computing has become a buzz word in the technology world as small and large entities have been moving to the cloud. Work from home expansion under COVID‐19 further showed the need to access information and tools without being in the office. As a result, cloud computing has been a topic of regulators from both the tax and GAAP side. FASB has issued two standards addressing the accounting for the monthly or annual hosting fee as well as initial upfront costs.

In this online CPE/CE course we will also discuss the tax side, the IRS has issued proposed regulations on the treatment of cloud‐based transactions. In this online continuing education course, we will also look at the impact of sourcing on taxes. This CPE course will keep you up to date with what’s going on in the world of cloud computing from a financial reporting and tax perspective.

Key topics covered in this online CPE webinar:

  • ASU 2015-05
  • ASU 2018-15
  • Implementation Cost
  • Capitalization rule
  • Amortization
  • Subsequent Measurement
  • Impairment & Abandonment
  • Treatment of cloud transactions

Click for more webinars on | Accounting & Auditing |Tax Updates |

Learning Objectives

  • To identify changes to accounting for cloud computing arrangements
  • To recognize the rules for capitalization for GAAP purposes
  • To describe how sourcing of taxable income has changed under proposed Regulation 1.861
  • To recognize the tax implications of cloud computing

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • California Registered Tax Professional
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Trust & Estate Tax Professional
  • Young CPA