New on the Horizon: Revenue recognition for building and construction
New on the Horizon: Revenue recognition for build...
In June 2010 the International Accounting Standards Board and the US Financial Accounting Standards Board published a joint exposure draft on revenue recognition, which will have significant implications on contract accounting in the building and construction sector if implemented in its current form.
© 2022 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Mainland China, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms 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.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.