United States

IFRS Revenue Accounting by Housebuilders

Feb 09, 2015
From the Financial Reporting View and the IFRS Institute

KPMG’s ISG recently published Accounting for Revenue Is Changing: Impact on Housebuilders, which describes the potential effects of IFRS 15, Revenue from Contracts with Customers, on housebuilders, and actions to consider to address those issues. The issues discussed include sales of incomplete units or off-plan purchases, contract modifications, and additional disclosure requirements.

Read Accounting for Revenue Is Changing: Impact on Housebuilders