IFRS – Revenue

IFRS – Revenue

KPMG’s insights into the joint standard on revenue recognition from the IASB and FASB.

KPMG’s insights into the joint standard on revenue recognition from the IASB and FASB.

A new global 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 US 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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Revenue: Issues in depth

Our in-depth guide to the new IFRS and US GAAP revenue standards

 
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IFRS 15 – Transition to the new revenue standard

What’s the best option for your business on transition to IFRS 15?

 
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IFRS 15: Illustrative disclosures

Our supplement to Guides to IFRS financial statements focuses on IFRS 15

 
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IFRS 15 for telcos

IFRS 15 is having a profound effect across the telecommunications sector.

 
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IFRS 15 for insurers

Insurers should prepare for the impact on their business of the new revenue standard.

 
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Oil & gas – Implementing IFRS 15

We look at possible impacts of IFRS 15, actions that may be needed, and how KPMG can help.

 
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Investment managers – Implementing IFRS 15

We look at possible impacts of IFRS 15, actions that may be needed, and how KPMG can help.

 
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