| المستخلص: |
The unique nature of cloud computing has a considerable influence on the accounting treatment of its assets and generated revenues, where also highlights many rapid technological and accounting developments and changes that arise in accounting issues that affect directly and indirectly on the nature of the activities and services provided by cloud computing companies. Due to the absence of clear, authoritative guidance has prompted a variety in practice, where there is no clear authoritative guidance to assure harmonious treatment for recording costs of intangible assets developed for internal use at which in information economy such assets partially recognized in the accounting records of cloud computing entities- mainly concerning accounting recognition, measurement, and disclosure for the assets value used to construct cloud computing technology related to the acquisition or development of software to be utilized and accessed by the customer within cloud computing activities their impact on financial statements. So. the research aims to display, analyze, and evaluate the nature of cloud computing and the current treatments related to the acquisition or development of software to be utilized and accessed by the customer within cloud computing activities under the recent accounting releases. Based on studying the problem of the research and achieving their goals, the researcher tested the central hypothesis of the study, where: Current accounting standards and guidelines for the acquisition or development of software to be utilized and accessed by the customer do not fit with the distinctive characteristics of cloud computing companies activities in the business environment. Research depends on the inductive approach, to make theoretical and evaluation study under the objectives of the study and to verify the acceptance or rejection of the study hypotheses. Where the research, discussing and analyzing the Cloud Computing Definitions. Cloud Computing Infrastructure, Special Characteristics of Cloud Computing Transactions, and evaluate and analysis of the accounting treatment of acquisition or development of software to be utilized and accessed by the customer (Guidance Under FASB Statement No. 86 that codified at (ASC 985-20), Guidance Under Statement of Position (SOP) 98-1 that codified at (ASC 350-40). and Guidance under the provision of IAS 38 entitled "Intangible Assets". Finally, the study hypothesis is accepted, and the researcher suggests to develop an accounting framework for cloud computing companies' activities in light of the unique nature and characteristics and to test the proposed framework in the Egyptian business environment.
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