Comment letter deadline for ED on clarifications to IFRS 15
On 30 July 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. Comments are requested by 28 October 2015.