Have your say!
Join our team on September 8, 2023 to share your views on the IASB’s Request for Information, “Post-implementation Review of IFRS 15 Revenue from Contracts with Customers.”
Why attend?
Take this opportunity to contribute to the IASB’s review of IFRS 15 by sharing your views directly with the AcSB.
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.
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.