Learn more about TIAG perspectives on IFRS 15 for the Communications industry. Read our series of papers where we discuss the impact the Standard will have for Operators on accounting, systems, and processes.
This paper examines two particular questions; how should an operator determine whether equipment is ‘distinct’ for the purpose of IFRS 15 and whether arrangements involving equipment contain a lease for the purpose of IFRS 16?
By 2017 global cloud service providers are expected to generate approximately $235 billion of revenue from cloud computing services. Here we review the types of cloud service models available and how best to establish operator considerations when accounting for these arrangements.