IFRIC 15 : och dess påverkan på byggföretagens intäktsredovisning

Sammanfattning: The number of studies on IFRIC 15 is very limited. The available studies have either been conducted before the introduction of IFRIC 15 or at an early stage of the implementation. This study examines IFRIC 15s practice from a longer perspective. The purpose of this study is to explain the effect that the interpretation IFRIC 15 has had on accounting objectives and qualitative characteristics of the revenue recognition of Swedish construction companies. The study will also analyze whether the construction companies has changed their perception of IFRIC 15 after applying it form a longer time perspective. Data were collected through interviews with the companies JM, NCC, PEAB and Skanska, as well as from the annual report of the companies.   The result shows that all construction companies in this study have been obliged to apply IAS 18. The change in accounting standards has led to a change in accounting method from the percentage of completion to completion method of revenue recognition of certain types of projects. The change of accounting method in the application of IFRIC 15 has an effect on the qualitative characteristics and accounting objectives, as the companies largely apply the realization concept and the prudence concept. The application of IFRIC 15 has also had different effects on the qualitative characteristics of the companies' revenue recognition.The consequence of this is that three of the studied companies believe that the financial statements don’t give a true and fair view of the financial performance and position of the company, which has led to an establishment of a segment reporting. While one of the companies believes that IFRIC 15 reflects the business well. Study results also indicate that companies are still critical of IFRIC 15.