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November 2, 2023

Your company is interested in using cloud computing from a third-party vendor for all of its software purchases

computer science/IT

Order Instructions

To successfully complete this week’s discussion, you will need to use the Strayer University Library to research the accounting treatment for cloud computing software purchases.

Please address the following:

Consider this scenario: Your company is interested in using cloud computing from a third-party vendor for all of its software purchases. Your boss wants you to make a recommendation about the accounting treatment of software purchased through a cloud environment.

Recommend the primary way you would properly account for the related costs. Be sure to provide support for your recommendation.

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