Reminder - EFRAG seeks input from users and preparers on an academic survey on the effects of IFRS 15 Revenue from Contracts with Customers

​​EFRAG reminds users and preparers to provide input to an academic study on the effects of IFRS 15  Revenue from Contracts with Customers. The study will be important for EFRAG's work related to the IASB's Post-implementation Review of IFRS 15. 

​​EFRAG is supporting an academic study on IFRS 15 Revenue from Contracts with Customers as the results of the study will be an important input for EFRAG’s work related to the IASB's Post-implementation Review of IFRS 15. EFRAG, therefore, encourages preparers and users to set aside time to respond to the questions in the survey, which can be accessed here.

The study aims to collect information on the effects of the new guidance, as well as on how the implementation requirements of new IFRS Standards impact the internal production and use of information. The views of both preparers and users of financial statements will, among other things, assist EFRAG in better estimating the net costs of IFRS adoption.

Preparers and users have been asked different questions and the questions asked will depend on responses to earlier questions included in the survey. 

A document including all possible questions for preparers (some may not apply) is available here, and a document including all the possible questions for users (some may not apply) is available here. 
The survey works best on a laptop or a desktop.  The research involves researchers from Universidad Carlos III de Madrid, Universidad Autónoma de Madrid and Universidad de Valencia. 

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