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September 2015 IASB Update - Revenue from Contracts with Customers

  • IFRS - IASB Image

Sep 30, 2015

On September 30, 2015, the International Accounting Standards Board issued the Update summary of its meeting on September 21-24, 2015.

At its meeting on September 22, 2015, the IASB discussed an implementation question relating to the transition requirements in IFRS 15, Revenue from Contracts with Customers. That question emerged from the most recent discussions of the Transition Resource Group for Revenue Recognition in July 2015. The IASB decided not to amend the transition requirements in Appendix C of IFRS 15.

Review the IASB Update.

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