Outreach on Post-Implementation Review of IFRS 15 Revenue from Contracts with Customers – UKEB Investor, User and Preparer one-to-one interviews

The IASB has published the Request for Information on its Post-implementation Review (PIR) of IFRS 15 Revenue from Contracts with Customers. 

The objective of the IASB’s PIR is to assess whether the effects of applying the requirements of IFRS 15 on users of financial statements, preparers, auditors, and regulators are consistent with the objective when the IASB developed them. 

The UKEB is expected to publish a Draft Comment Letter to the IASB for stakeholder input in mid-July. In addition, the UKEB project team is conducting short one-to-one interviews (no more than 30 minutes) with UK investors, users, and preparers to understand their views on companies’ revenue reporting, during July and August 2023. To register your interest in participating, send your contact details to UKEndorsementBoard@endorsement-board.uk by Monday 31 July 2023.

For further detail of the IFRS 15 PIR, see the UKEB project page and the IASB website.