The reality may surprise you
My colleague Nick Chandler, a partner at KPMG in the UK, recently published a blog post that’s been garnering a lot of attention. In it, he sets out the top ten reasons organizations should be worried about IFRS 15, the new revenue standard. Although the piece is written from a UK perspective, the issues it raises apply equally to Canadian companies. That’s why I urge you to take a few minutes to read it now. You can find the blog link below.
If the article resonates with you, and you find yourself concerned about the implementation of IFRS 15, I encourage you to reach out to our local team of technical accounting specialists. We have extensive experience helping clients with their IFRS conversion projects and providing public companies with accounting advice. That’s why I urge you to take a few minutes to read it now.