EFRAG publishes Feedback Statement on Post-Implementation Review of IFRS 15 Revenue from Contracts with Customers

The Feedback Statement summarises constituents' feedback to EFRAG with respect to the IASB Request for Information for the Post-Implementation review of IFRS 15 Revenue from Contracts with Customers and explains how this feedback was considered in developing EFRAG’s Final Comment Letter.

​The IASB published a Request for Information for the Post-Implementation review of IFRS 15 Revenue from Contracts with Customers ('RFI') on 29 June 2023. Thereafter, on 27 October 2023, EFRAG published its Final Comment Letter response after receiving comments on the EFRAG Draft Comment Letter published on 24 July 2023. 

The Feedback Statement summarises constituent's feedback, including responses to EFRAG’s draft comment letter, findings from a targeted outreach to users, and findings from an EFRAG-supported academic study. It explains how the feedback received was considered by EFRAG in reaching the positions reflected in the final comment letter. 

The Feedback Statement is available here.

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