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  2. Deleted IFRS 15 Text (AASB15_12-14_COMPmay22_07-22)

Deleted IFRS 15 Text (AASB15_12-14_COMPmay22_07-22)

Deleted IFRS 15 text

Deleted IFRS 15 text is not part of AASB 15.

C10

This Standard supersedes the following Standards:

(a)            IAS 11 Construction Contracts;

(b)            IAS 18 Revenue;

(c)            IFRIC 13 Customer Loyalty Programmes;

(d)            IFRIC 15 Agreements for the Construction of Real Estate;

(e)            IFRIC 18 Transfers of Assets from Customers; and

(f)            SIC-31 Revenue—Barter Transactions Involving Advertising Services.

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The AASB issues principles-based Australian accounting and external reporting standards and guidance that meet user needs and enhance external reporting consistency and quality.

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