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International Annual Review 2012

The KPMG International Annual Review focuses on our record of achievement and those who define us as an organization: clients, people and communities.

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Details

Industry: Retail, Food, Drink & Consumer Goods
Type: Event
Date: 7/28/2010

Proposed New Guidance on Revenue Recognition

How will the proposed new standard impact the way Food, Drink and Consumer Goods (FDCG) companies report on revenue recognition? What will the impact be on discounts, rebates, marketing spend and warranties?

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.

Related Downloads:

Presentation Slides (PDF 488 KB)
Revenue Recognition for Food, Drink, & Consumer Goods Companies (PDF 601 KB)
Webcast Poll Results (PDF 108 KB)

Visit the ConsumerCurrents: Webcast Series page

Visit the Food, Drink, and Consumer Goods page

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