accounting 577

Computers Software Costs" Please respond to the following:

·         Imagine that your company is interested in using cloud computing for all of its software purchases from a third party vendor. Your boss wants you to make a recommendation about the accounting treatment of software purchased through a cloud environment. From the e-Activity, recommend the primary way in which you would properly account for the related costs. Provide support for your recommendation.

·         Imagine that you are a vendor who sells of cloud software services. From the e-Activity, recommend the proper accounting treatment for cloud software services from a vendor’s perspective. Provide support for you recommendation.