IFRS – Revenue | KPMG | IM

IFRS – Revenue

IFRS – Revenue

Our insights into the joint standard on revenue recognition from the IASB and FASB.

Our insights into the joint standard on revenue recognition from the IASB and FASB.

A new standard for revenue recognition

It's likely that the new revenue standard will affect the way you account for revenue. Published jointly by the IASB and FASB in May 2014, it replaces existing IFRS and GAAP guidance and introduces a new recognition model for contracts with customers. For some, the new standard will have a significant impact on how and when they recognise revenue. All companies will be subject to extensive new disclosure requirements.

Our materials help you understand the new requirements, assess the impact on your company, and keep up to date with the latest developments on the new standard.

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2018 effective date for IFRS 15

IASB confirms a one-year deferral of the effective date of its new revenue standard.

 
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Guide to annual financial statements - IFRS 15 supplement

This publication introduces and illustrates the disclosure requirements in IFRS 15, which will be effective for annual ...

 
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