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IFRS® Accounting Standards

The User Perspective: A Discussion – IASB Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers”

Meeting Details

Date/Time

September 6, 2023 – 9:30 a.m. – 11:00 a.m. ET

Location

Zoom


Staff Contact(s)

Jamie Goodman, CPA, CA Principal, Accounting Standards Board

Matthew Bishop, CPA, CA Principal, Accounting Standards Board

Share your views!

Join a panel of financial statement users for an active discussion on the IASB’s Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers.”

Have your say!

Join our panel of financial statement users on September 6, 2023, to learn about key elements of IFRS 15. Provide your valuable feedback from a user perspective on the IASB’s Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers.”

Why attend?  

Hear from our panelists about their experience using information on revenue prepared under IFRS 15. Our panelists are:

  • Anthony Scilipoti, President and CEO at Veritas Investment Research Corporation;
  • Howard Leung, CFA, CPA, CA – AcSB Member and Senior Analyst, Fiera Capital Corporation; and
  • Nick Anderson, IASB Member.

Learn more about key elements of IFRS 15 and provide valuable user feedback. Your perspective is imperative to shaping standards at both the national and international level. We want to hear from you!

We will take your comments into account prior to finalizing our own letter to the IASB and share Canadian feedback through our involvement in international activities.

How to prepare

Read the IASB’s Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers.” This document contains questions for comment and background information.

Discussion topics and questions for this event will be shared with registrants prior to the event date. 

Interested in providing feedback, but unable to attend this event? Consider registering for one of our virtual roundtables.

Background

IASB’s Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers

The IASB recently issued a Request for Information in connection with its Post-implementation Review IFRS 15. 

IFRS 15 establishes the principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer.

The objective of the review is for the IASB to assess whether the effects of applying IFRS 15 on users of financial statements, preparers, auditors, and regulators are as intended when the requirements were developed.

A post-implementation review is also an opportunity for the IASB to identify lessons learned for future standard-setting projects.