This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IAS 18 — Customer loyalty programmes


IFRIC considered the appropriate accounting under IAS 18 Revenue when an entity provides rewards, normally non-cash rewards, to loyal customers. The project does not include discounts and other sales incentives.


Current status of the project

This project has been completed. IFRIC 13 Customer Loyalty Programmes was issued on 28 June 2007.


Project milestones

7 September 2006 Draft Interpretation D20 Customer Loyalty Programmes published Comment deadline is 6 November 2006
28 June 2007 IFRIC 13 Customer Loyalty Programmes issued Effective for annual periods beginning on or after 1 July 2008

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.