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First Impressions: IFRS 15 Revenue (2016 Edition)

Apr 18, 2016
From the Financial Reporting View and the IFRS Institute

KPMG’s ISG recently updated First Impressions: IFRS 15 Revenue (2016 Edition) to address the IASB’s amendments to IFRS 15, Revenue from Contracts with Customers, in response to application issues identified by stakeholders. KPMG’s ISG also published a Web article, and will release a second edition of Issues In-Depth: Revenue from Contracts with Customers shortly.

IFRS 15 is effective for entities that apply IFRS for annual periods beginning on or after January 1, 2018. Earlier application is permitted.

Read KPMG ISG’s First Impressions: IFRS 15 Revenue (2016 Edition)