IASB Vice-Chairman Ian Mackintosh on Clarifications to IFRS 15
15.04.2016
Dear ACAP memebers,
Today, the International Accounting Standards Board has issued some clarifications to the Revenue Standard, IFRS 15.
IFAC has also published a new video in our Debrief series, in which IASB Vice-Chairman Ian Mackintosh talks about the background for the Revenue Standard and gives an overview of the clarifications.
Comments:
International Accounting Standard Board® Vice-Chairman Ian Mackintosh recaps on why a new Revenue Standard (IFRS 15) for financial reporting was developed and issued in 2014, and explains why the Board has now issued clarifications to the Standard. He also explains what the standard setter's plans are for the Transition Resource Group, which was established to support implementation of the Standard.
Today, the International Accounting Standards Board has issued some clarifications to the Revenue Standard, IFRS 15.
IFAC has also published a new video in our Debrief series, in which IASB Vice-Chairman Ian Mackintosh talks about the background for the Revenue Standard and gives an overview of the clarifications.
Comments:
International Accounting Standard Board® Vice-Chairman Ian Mackintosh recaps on why a new Revenue Standard (IFRS 15) for financial reporting was developed and issued in 2014, and explains why the Board has now issued clarifications to the Standard. He also explains what the standard setter's plans are for the Transition Resource Group, which was established to support implementation of the Standard.
