United States

Revenue for Construction Companies under IFRS

Oct 06, 2014
From the Financial Reporting View and the IFRS Institute

KPMG International recently issued Impacts on the Construction Industry of the New Revenue Standard, to help construction companies that apply IFRS to assess the effect of IFRS 15, Revenue from Contracts with Customers, which brings together in one standard the core principles for revenue across industries. IFRS 15 supersedes IAS 11, Construction Contracts, which specifically addressed contract accounting.

Read Impacts on the Construction Industry of the New Revenue Standard