Exposure Draft 70, Revenue with Performance Obligations
IPSASB
Feb 21, 2020 | Exposure Drafts and Consultation Papers
English
Comments due by: Nov 01, 2020
The aim of Exposure Draft (ED) 70 is to develop a standard that provides recognition and measurement requirements for revenue transactions with performance obligations. This ED is part of a suite of three EDs that address how to account for revenue and transfer expenses, and should be read in conjunction with:
Copyright © 2021 The International Federation of Accountants (IFAC). All rights reserved.
Submitted Comment Letters
1. Michel Maher, Avocat, CPA, LLM, LLD (Canada)
May 7, 2020
2. Tiago Melo (Portugal)
September 15, 2020
3. Comissão de Normalização Contabilística (Portugal)
September 15, 2020
4. Vincenzo Cordaro (Italy)
October 6, 2020
5. Swiss Public Sector Financial Reporting Advisory Committee (Switzerland)
October 12, 2020
6. ITER Organization
October 14, 2020
7. Office of the Auditor General of Ontario
October 14, 2020
8. CNoCP (France)
October 21, 2020
9. Accountancy Europe
October 22, 2020
10. New Zealand Accounting Standards Board
October 27, 2020
11. Treasury Board of Canada Secretariat (Canada)
October 27, 2020
12. Public Sector Accounting Standards Board (Kenya)
October 28, 2020
13. Task force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
October 28, 2020
14. Public Sector Accounting Board Staff (Canada)
October 29, 2020
15. Pan African Federation of Accountants (PAFA)
October 29, 2020
16. Accrual Accounting Center
October 29, 2020
17. CPA Australia and Chartered Accountants Australia and New Zealand
October 29, 2020
18. Institute of Chartered Accountants Ghana (Ghana)
October 29, 2020
19. Australian Accounting Standards Board
October 29, 2020
20. ACCA
October 30, 2020
21. The Malaysian Institute of Certified Public Accountants (MICPA) (Malaysia)
October 30, 2020
22. NSW Treasury (Australia)
October 30, 2020
23. The Japanese Institute of Certified Public Accountants (Japan)
October 30, 2020
24. Institute of Certified Public Accountants of Rwanda (ICPAR) (Rwanda)
October 30, 2020
25. South African Accounting Standards Board (South Africa)
October 30, 2020
26. Korea Institute of Public Finance (GAFSC) (Korea, Republic of)
October 30, 2020
27. CIPFA (United Kingdom)
October 30, 2020
28. KPMG LLP (Canada)
October 30, 2020
29. United Nations Office for Project Services
October 30, 2020
30. Secretaria de hacienda y credito publico, especificamente la unidad de contabilidad gubernamental – Mexico
October 31, 2020
31. PwC
October 31, 2020
32. UNDP
October 31, 2020
33. Office of the Auditor-General (New Zealand)
November 1, 2020
34. Botswana Institute of Chartered Accountants (Botswana)
November 1, 2020
35. CONSELHO FEDERAL DE CONTABILIDADE (Brazil)
November 1, 2020
36. Institute of Chartered Accountants of Nigeria (Nigeria)
November 1, 2020
37. ICAEW
November 1, 2020
38. EY
November 2, 2020
39. NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS - TANZANIA (Tanzania, United Republic of)
November 2, 2020
40. Governmental Accounting Standards Board (United States)
November 3, 2020
41. Office of the Comptrolle General, British Columbia (Canada)
November 4, 2020
42. Financial Reporting Council of Nigeria (Nigeria)
November 5, 2020
43. a. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Mexico
November 8, 2020
44. b. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Paraguay
November 8, 2020
45. c. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Peru
November 8, 2020
46. d. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Honduras
November 8, 2020
47. e. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Guatemala
November 8, 2020
48. f. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - El Salvador
November 8, 2020
49. g. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Ecuador
November 8, 2020
50. h. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Costa Rica
November 8, 2020
51. i. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Colombia
November 8, 2020
52. j. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Chile
November 8, 2020
53. k. Foro de Contadurias Gubernamentales de America Latina (FOCAL) - Brazil
November 8, 2020
54. a. FAO - Food and Agriculture Organization of the United Nations
November 9, 2020
55. b. IAEA - International Atomic Energy Agency
November 9, 2020
56. c. IOM - International Organization on Migration
November 9, 2020
57. d. UN System
November 9, 2020
58. e. UNEP - United Nations Environment Programme
November 9, 2020
59. f. UNESCO - United Nations Educations, Scientific and Cultural Organization
November 9, 2020
60. g. UNFCCC - United Nations Framework Conventions on Climate Change
November 9, 2020
61. h. UNFPA - United Nations Population Fund
November 9, 2020
62. i. UN-Habitat - United Nations Human Settlement Programme
November 9, 2020
63. j. UNHCR - United Nations High Commissioner for Refugees
November 9, 2020
64. k. UNICEF - United Nations Children's Fund
November 9, 2020
65. l. United Nations Secretariat
November 9, 2020
66. m. WIPO - World Intellectual Property Organization
November 9, 2020
67. European Commission
November 10, 2020
68. New Zealand Treasury (New Zealand)
November 10, 2020
69. Malaysia Institute of Accountants (MIA) (Malaysia)
November 11, 2020
70. Kalar Consulting Ltd.
November 12, 2020
71. Auckland Council (New Zealand)
November 17, 2020
72. U.S. Government Accountability Office (GAO) (United States)
January 19, 2021
73. Queensland Audit Office (QAO) (Australia)
January 19, 2021
Related Resources
- Table of Concordance Comparing Paragraphs IFRS 15, Revenue from Contracts with Customers, with ED 70, Revenue with Performance Obligations
- Exposure Draft 71, Revenue without Performance Obligations
- Exposure Draft 72, Transfer Expenses
- 2016 Handbook of International Public Sector Accounting Pronouncements
- Exposure Draft (ED) 80, Improvements
