BDO updates the IFRS FAQs for IFRIC Agenda Decision on Principal versus Agent: Software Reseller (IFRS 15 Revenue from Contracts with Customers)
03 June 2022
In its May 2022 meeting, the IASB discussed and did not object to the following Agenda Decision finalised by IFRIC in its April 2022 meeting:
- Principal versus Agent: Software Reseller (IFRS 15 Revenue from Contracts with Customers)
The final agenda decision is now published in an addendum to the April 2022 IFRIC Update.
BDO has updated its IFRS FAQs for the above agenda decision.
The updated FAQ may be accessed here.
BDO’s IFRS FAQs may be accessed here.