Episode 5: IFRS 15, Revenue

Join Tony DeBell, PwC's revenue leader and an expert in IFRS 15, as he dives into the complexities of the new revenue recognition standard. He discusses the transition from older standards to IFRS 15, including the significant challenges businesses face. The conversation covers the transformative five-step process for recognizing revenue and the critical shift from the risk and rewards model to the control model. Tony also emphasizes the necessity of thorough training for global teams and the urgency of compliance as deadlines approach.