Do you what impact IFRS 15 will have on your business? This article examines the possible implications for you and your business.
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There are challenges associated with the latest financial reporting changes, in particular the new accounting standard on revenue recognition, IFRS 15. It is more than just an accounting exercise; these reporting changes could impact your business’ operations too. Managing expectations around likely impacts Revenue is one of the most commonly used key performance indicators (KPIs). Any changes to accounting standards that could alter the timing of revenue recognition or the measurement of revenue, may have implications for future investment in your business.