IASB Member Patrina Buchanan explains the Request for Information that is currently out for comment on the Post-implementation Review of IFRS 15 Revenue from Contracts with Customers. The Accounting Standard was developed jointly with the US Financial Accounting Standards Board and came into effect in 2018. It was created to improve the quality and comparability of revenue information provided to investors globally.
Confidential and Proprietary — for Use Solely by Authorized Personnel
This content contains © material and trademarks of the IFRS Foundation. All rights reserved. Reproduced by Deloitte UK with the permission of the IFRS Foundation. Reproduction and use rights are strictly limited. See full Copyright Notice for further details.