This blog addresses a new exposure draft issued by GASB relating to accounting and financial reporting for subscription-based information technology arrangements (SBITAs). Cloud computing arrangements and other hosting type services have become increasingly more prevalent in the government environment. There is currently no explicit guidance in this area. The exposure draft, would apply many of the concepts in GASB 87, Leases, to SBITAs. The standard addresses the definition of a SBITA, as well as recognition and subsequent measurement guidance. It also includes guidance related to upfront implementation costs. Comments are due by August 23, 2019.