You have only one year to solve 6 problems with accounting of revenue according to IFRS 15
The article by Anatoly Shevchenko, Manager, Audit department (Bank, Property and Insurance), Mazars was published in the magazine "IFRS in practice" (№ 7, 2016).
The Board of the International Accounting Standards Committee (IASC) has changed effective date for IFRS 15 “Revenue from Contracts with Customers”. But it is better not to postpone the application of the standard. Early preparation is highly recommended due to certain requirements which are not stated clearly. The company including non-financial departments may face serious issues on it’s way to implementation of IFRS 15 into accounting.
In the article 6 practical issues are described which may facilitate your way to adoption of IFRS 15.