Join Gary Berchowitz, PwC South Africa, and Dave Walters, PwC United Kingdom as they discuss how to account for alternative forms of financing in just over 20 minutes. Most prevalent in the Extractives Industry, over the past several years we've seen companies thinking of innovative ways of financing their business. This podcast focuses on one of these types of alternative financing arrangements - that is one in which the upfront payment is treated as, wait for it, an upfront receipt from a customer contract in the Scope of IFRS 15! How can that be you say? Well, take a listen and find out.
IFRS specialist, Director, PwC United Kingdom
Tel: +44 20 721 32123