IFRS Today – Episode 1 | KPMG | GLOBAL

Revenue – Embedding and explaining the changes

Revenue – Embedding and explaining the changes

How are companies coping so far with operationalising IFRS 15?

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“The biggest risk of not embedding the new revenue framework into processes is not getting it right the first time.”

Allison McManus
Partner, KPMG in Canada

 

“For many groups, there hasn’t yet been a lot of thought about how they are going to operationalise the changes that IFRS 15 presents.

Nick Chandler
Partner, KPMG in the UK

 

"One problem we have seen in other finance transformation journeys arises when clients don’t appreciate the full scale of change required.

Jorge Castano
Director, Management Consulting, KPMG in the UK


A full transcript (PDF 568 KB) of this episode is also available.

Our IFRS – Revenue  topic page offers a wide range of materials that will help you transition to the new standard, whatever stage you're at. 

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