IFRS 15

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In May 2014, the IASB issued the new standard IFRS 15 Revenue from contracts with customers (and the FASB issued the corresponding standard ASC 606). The standard prescribes mandatory application from 1 January 2017, which was amended in September 2015 by the standard-setting board to 1 January 2018. Please find information on the new standard as follows.

On 18 March 2016 PwC Accounting Advisory experts presented the fundamental rules of the new IFRS 15 – Revenues from contracts with customer standard in a Hungarian webinar. Experts presented the 5-step approach – through practical examples –, the main practical challenges associated with the application of the standard and the transitional rules. The webinar is available below:

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The following short video series take through the key points in IFRS 15 - Revenue from contracts with customer.

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Gábor Balázs

Gábor Balázs

Partner, PwC Hungary

Enikő Könczöl

Enikő Könczöl

Partner, PwC Hungary

Miklós Novák

Miklós Novák

Director, PwC Hungary

Gábor Halmosi

Gábor Halmosi

Partner, PwC Hungary

Roland Balogh

Roland Balogh

Director, PwC Hungary

Péter Heronyányi

Péter Heronyányi

Director, PwC Hungary

Emőke Szántó-Kapornay

Emőke Szántó-Kapornay

Director, PwC Hungary

Lívia Márkus-Rácz

Lívia Márkus-Rácz

Senior Manager, PwC Hungary

Zsófia Ratku

Zsófia Ratku

Manager, PwC Hungary

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