IFRS: Change in Accounting Treatment of Cloud Computing Contract Costs at Overseas Subsidiaries
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
2 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「At foreign subsidiaries applying International Financial Reporting Standards (IFRS), we changed our accounting policy based on the agenda decision "Configuration or Customisation Costs in a Cloud Computing Arrangement (IAS 38)" issued by the IFRS Interpretations Committee (IFRIC) in April 2021, beginning in the fourth quarter of the previous consolidated fiscal year. Accordingly, the figures for the cumulative third quarter of the previous consolidated fiscal year are presented after retrospective adjustments reflecting the change in accounting policy.」
Reconfirmed the change in accounting policy for cloud-computing contract costs at foreign subsidiaries and the retrospective adjustments to comparative figures. - FY2023-Q2RestatedAnnual report
「At foreign subsidiaries applying International Financial Reporting Standards (IFRS), we changed our accounting policy based on the agenda decision "Configuration or Customisation Costs in a Cloud Computing Arrangement (IAS 38)" issued by the IFRS Interpretations Committee (IFRIC) in April 2021, beginning in the fourth quarter of the previous consolidated fiscal year. Accordingly, the figures for the cumulative second quarter of the previous consolidated fiscal year are presented after retrospective adjustments reflecting the change in accounting policy.」
Continued disclosing the change in accounting policy for cloud-computing contract costs at foreign subsidiaries and the retrospective adjustments to comparative figures. - FY2023-Q1First statedAnnual report
「At foreign subsidiaries applying International Financial Reporting Standards (IFRS), we changed our accounting policy based on the agenda decision "Configuration or Customisation Costs in a Cloud Computing Arrangement (IAS 38)" issued by the IFRS Interpretations Committee (IFRIC) in April 2021, beginning in the fourth quarter of the previous consolidated fiscal year.」
Changed the accounting treatment for configuration or customization costs in cloud-computing contracts at foreign subsidiaries to recognize the costs as expenses when the services are received. Retrospective adjustments were reflected in the figures for the first quarter of the previous fiscal year.