AASB Tier 2 supplement to Revenue ED

The AASB has issued its Tier 2 Supplement to ED 222 Revenue from Contracts with Customers (PDF) setting out how it intends to apply its reduced disclosure regime to the disclosures proposed in AASB ED 222 Revenue from contracts with customers.

The ED supersedes the Tier 2 Supplement to AASB ED 198 issued by the AASB in November 2010 and is open for comment until 9 February 2012. It is accompanied by an analysis document (PDF) explaining the AASB’s choices about the exemptions to be implemented.

Article last Updated 11 April 2014