IFRS 15 «Revenue from Contracts with Customers» for IT companies reporting under both IFRS and USA GAAP

10 December 2014 PwC Academy in cooperation with ACCA Ukraine, Baltic and Caucasus States held a seminar IFRS 15 «Revenue from Contracts with Customers» for IT companies reporting under both IFRS and USA GAAP.

During this seminar considerable attention was paid to numerous issues related to adoption and application of IFRS 15 which will be applicable for both companies reporting under IFRS and US GAAP.

The issues that were discussed during the seminar included such aspects as: new revenue recognition rules, implications on specific companies, and most serious challenges, risks and success factors of transiting to the new standard. In addition, practical considerations and potential technical solutions for new standard implementation were reviewed.

This seminar attended about 40 people from different national and international companies.

After the seminar, participants had the opportunity to communicate and nurture relationships with the professional community.

PwC Academy monthly conducts paid and free events to promote ACCA, ACCA DipIFR qualifications and range of open training programmes on International Financial Reporting Standards (IFRS). For more information visit PwC Academy website section.