Software As A Service Kpmg. KPMG has market-leading alliances with many of the worlds leading software and services vendors. Customers face two accounting issues in relation to software as a service SaaS arrangements which IFRS unlike US GAAP does not explicitly address the accounting for 1 fees paid to the SaaS provider and 2 related implementation costs.
We assist clients across all aspects of the process from platform evaluation through implementation ongoing upgrades and improvement. In contrast software that is sold leased or marketed as a stand-alone product or as an integral. If the cloud computing arrangement does not provide the customer with an intangible asset for the software and does not contain a lease then the right to access the software over the contract term in the future is a service contract.
Although advancements in cloud technologies has lowered the cost of and technical barriers to making the software.
Im a partner at KPMG. Deal Advisory Strategy Analytics. Today the Danish software-as-a-service company Impero which has developed a platform to automate risk and control management announced a partnership agreement with KPMG Meijburg Co a member of the global KPMG network. Company that is in the software or software-as-a-service SaaS.
