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.
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] |