24/07/2023 - Comment on EFRAG’s Discussion Paper - Accounting for Variable Consideration – From a purchaser’s perspective
To stimulate the debate and enable responses to EFRAG’s Discussion Paper Accounting for Variable Consideration – From a purchaser’s perspective, EFRAG has made it possible to provide comments through an electronic survey. Comments to the Discussion Paper are requested by 30 November 2023.
EFRAG published its Discussion Paper Accounting for variable consideration – from a purchaser’s perspective in September 2022. The Discussion Paper primarily focuses on and proposes alternatives for accounting requirements on:
When to recognise a liability covered by IAS 32 Financial Instruments: Presentation and IFRS 9 Financial Instruments for variable consideration that depends on the purchaser’s future actions.
Whether/when subsequent changes in the estimate of variable consideration should be reflected in the cost of the acquired asset.
Comment letters to the Discussion Paper are requested by 30 November 2023.
As an alternative to submitting a comment letter in response to the Discussion Paper, comments can be provided through an electronic survey by 30 November 2023. Respondents can choose to reply to some or all the questions included in the survey.
When to recognise a liability covered by IAS 32 Financial Instruments: Presentation and IFRS 9 Financial Instruments for variable consideration that depends on the purchaser’s future actions.
Whether/when subsequent changes in the estimate of variable consideration should be reflected in the cost of the acquired asset.
Comment letters to the Discussion Paper are requested by 30 November 2023.
As an alternative to submitting a comment letter in response to the Discussion Paper, comments can be provided through an electronic survey by 30 November 2023. Respondents can choose to reply to some or all the questions included in the survey.
