Detailed interview regarding the new revenue framework in IFRS 15
23 Jun, 2014
Robert Bruce hosts an interview with Phil Barden, a Partner in the Deloitte UK IFRS Centre of Excellence, and Amy Haworth, a Senior Manager in the Deloitte UK IFRS Centre of Excellence, to discuss in more detail IFRS 15 'Revenue from Contracts with Customers'.
The video (approx. 61 min) discusses the core principles underpinning the IFRS 15 framework and potential issues that certain IFRS reporters may encounter when implementing this new standard. It additionally discusses certain guidance that IFRS 15 introduces of which IFRS reporters will need to be aware, such as disclosures, contract modifications and customer options to purchase additional goods and services, and transition options.
Click for access to the video, which is also available in individual segments for easier viewing.
