The IASB’s new revenue standard has the potential to change the way some entities
recognise revenue from their customers.
This webinar recording provides an overview on IFRS 15 Revenue from Contracts with Customers.
Conclusion
The introduction of IFRS 15 has the potential to change the timing of revenue recognition for some types of transactions. Your local advisors can assist you to further analyse the potential impacts of the new revenue model on your operations and whether any changes to your current procedures may be needed.
For further information, or how your personal situation may be affected, please contact a Nexia Advisor.
