Exposure Draft of ASLB 23 Revenue from Non-Exchange Transactions (Taxes and Transfers)

The objective of ASLB 23 is to prescribe requirements for the financial reporting of revenue arising from non-exchange transactions, other than non- exchange transactions that give rise to an entity combination. The Standard deals with issues that need to be considered in recognising and measuring revenue from non-exchange transactions including the identification of contributions from owners.

Comment letter deadline

The Exposure Draft is open for comment until 20th September, 2018

Due process documents
Exposure Draft of ASLB 23 Revenue from Non-Exchange Transactions (Taxes and Transfers)  [PDF]