Proposed accounting for revenue and non-exchange expenses
Date And Time
PBEs—both not-for-profit and public sector entities—often enter into transactions that require determining the appropriate accounting period for the recognition of revenue and non-exchange expenses—especially for funding arrangements that cover multiple accounting periods.
The International Public Sector Accounting Standards Board (IPSASB) has published a Consultation Paper, Accounting for Revenue and Non-Exchange Expenses, for comment.
We ran this webinar to raise awareness of and seek your feedback on the Consultation Paper.
The webinar covered:
- an overview of the Consultation Paper;
- application of the proposed revenue approaches to some examples;
- application of the proposed non-exchange expense approaches to some examples; and
- question and answer session.