Revenue from contracts with customers, global edition (fully updated in August 2017)
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Revenue: Implementation in the oil and gas industry
In depth , PwC US Sep 28, 2017
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We highlight implementation challenges specific to the oil and gas industry. Read before you adopt the new revenue standard.
Overview
Oil and gas companies continue to analyze the impact of the new revenue standard on their contracts, accounting policies, and financial statements. This publication reflects some of the implementation challenges identified since issuance of the standard and highlights considerations relevant in evaluating the impact of the new standard on revenue arrangements common to oil and gas companies.
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David Schmid
IFRS & US Standard Setting Leader, National Professional Services Group, PwC US
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