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In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. Worldwide spending on public cloud services is expected to grow by 21.7% How can we respond in real time to the company’s analytic needs?
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Take for example a municipality that leases a building from an unrelated third-party (lessee accounting) and then subleases a portion of that building to another party (lessor accounting). When: The deadline to comply with the new standard is for fiscal years beginning after June 15, 2021.
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