Comment letter deadline for ED on clarifications to IFRS 15

When Oct 28, 2015
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Where Comment letter deadline
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On July 30, 2015, the International Accounting Standards Board (IASB) published an Exposure Draft (ED) ED/2015/6, Clarifications to IFRS 15 (proposed amendments to IFRS 15). The amendments address three of the five topics identified (identifying performance obligations, principal versus agent considerations, and licensing) and aim at transition relief for modified contracts and completed contracts.
On September 11, 2015, the Accounting Standards Board (AcSB) issued an Exposure Draft that corresponds to the IASB Exposure Draft on this topic.
Comments to the IASB and the AcSB must be received by October 28, 2015.

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