Revenue recognition 

One model. Two approaches. Five steps.

The IASB and FASB plan to introduce a new revenue recognition model. The model features a contract-based, five-step analysis to be applied across sectors. The proposals may accelerate or defer revenue recognition for some entities and the impacts may be felt right across the business.         

IFRS Publications      



Aura Giurcaneanu

Aura Giurcaneanu

Partner, Audit & Assurance

+40 (744) 655 847

Angela Manolache

Angela Manolache

Advisory, Director

+40 (372) 377 800

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