United States

IFRS Revenue Accounting by Transport Companies

May 18, 2015
From the Financial Reporting View and the IFRS Institute

KPMG’s ISG recently published Accounting for Revenue Is Changing: Impact on Transport Companies, which describes the potential effects of IFRS 15, Revenue from Contracts with Customers, on transport companies, and actions to consider to address those issues. The issues discussed include loyalty programs, ticket breakage, rebates, freight and shipping, and new disclosure requirements.

Read Accounting for Revenue Is Changing: Impact on Transport Companies