AASB 15 Revenue: Engineering and construction | KPMG | AU

AASB 15 Revenue: Recognition for engineering and construction entities

AASB 15 Revenue: Engineering and construction

Watch a recording of the webinar held on 21 March 2017 for an overview of the core principals of AASB 15 Revenue from Contracts with Customers as well as the key implementation challenges for entities in the engineering and construction industries.


Partner, Audit

KPMG Australia


Also on KPMG.com

Construction worker standing on truck ladder

As the effective date of AASB 15 approaches (1 January 2018) it is essential that entities start to consider the complexities of this standard and the unique impacts it has on your organisation. All entities in the engineering and construction sector will need to re-evaluate their revenue recognition models as a result of AASB 15, with some entities finding there will be a significant impact.

This webinar, hosted by KPMG Partner Kim Heng, focuses on common implementation issues for this sector, including:

  • identifying performance obligations
  • performance bonuses and penalties
  • timing of revenue recognition
  • measuring progress over-time
  • contract modifications
  • contract acquisition costs.

Accounting & Reporting Webinars

Our webinars provide regular updates on the changing world of accounting and financial reporting and how they may impact your business.

Read more

Implementation considerations for revenue standard – AASB 15

Key challenges your business may face when implementing the revenue standard AASB 15, and provides an overview of how to prepare for the transition.

Read more

Leases – Transition to AASB 16

This webinar examines the options and practical expedients for transitioning to AASB 16 Leases.

Read more

Connect with us


Request for proposal