close
Share with your friends

Revenue from contracts with customers: Consumer & Industrial Markets

AASB 15 Revenue: Consumer & Industrial Markets

Watch a recording of our webinar held on 15 November 2016 for an overview of the common implementation issues of AASB 15 Revenue from contracts with customers for consumer and industrial markets entities.

1000
Kim Heng

Partner, Audit, Assurance & Risk Consulting

KPMG Australia

Email

Also on home.kpmg

Production line worker with cardboard box and conveyer belt

Webinar outline

All entities in the consumer and industrial markets including manufacturers, wholesalers and retailers will need to re-evaluate their revenue recognition policies and processes as a result of AASB 15 with some entities finding there will be a significant impact. During this webinar we focus on a range of potential implementation issues for entities in this sector including:

  • breaking contracts down into separate promises to customers of goods and services
  • customer incentives, including sign on fees and loyalty programs
  • pre-production activities like development of tooling/moulds
  • timing of revenue recognition.

Presentation slides

View a copy of the slide presentation from the webinar.

©2021 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.

Liability limited by a scheme approved under Professional Standards Legislation.


For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal

Save, Curate and Share

Save what resonates, curate a library of information, and share content with your network of contacts.

Sign up today