EY accounting technical webcast

IFRS 15: the new revenue recognition standard

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The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) — collectively the Boards — are issuing new requirements for recognising revenue under IFRS and US GAAP, respectively.

The Boards’ joint release of these new standards will have broad implications for entities across all industries.

In this webcast, our panel will discuss the IASB’s standard, "IFRS 15: Revenue from Contracts with Customers." We will cover how the new requirements will impact some common revenue arrangements, including:

  • When to apply IFRS 15 and what it will affect
  • The primary requirements of the new Standard’s model when accounting for revenue arising from contracts with customers
  • The impact of IFRS 15 on entities reporting under IFRS
  • Recognising practical application issues

This event was broadcast live twice in 24hrs. If you attended the replay, click here to download your CPE.