Exposure Draft 71 Revenue without Performance Obligations

The International Public Sector Accounting Standard Board (IPSASB) has recently issued Exposure Draft (ED) 71, ‘Revenue without Performance Obligations’. The aim of ED 71 is to develop a standard that provides recognition and measurement requirements for revenue transactions that do not have performance obligations.

 

Comment letter deadline

The Exposure Draft is open for comment until 29th May, 2020

Due process documents
Exposure Draft 71 Revenue without Performance Obligations  [PDF]