The IASB and FASB (the Boards) released this new Exposure Draft 'Revenue from Contracts with Customers' on 24 June 2010. This webcast features FDCG industry specialists and IFRS and revenue recognition specialists from KPMG presenting the far-reaching implications that the proposed standard will have on FDCG companies. Specifically, they review how the standard is likely to impact the timing and amount of revenue recognized and the treatment of industry-specific items such as: discounts, rebates, marketing spend and other contractual obligations with customers.
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