It replaces existing revenue recognition guidance, including IAS 18 Revenue, IAS 11 Construction Contracts and IFRIC 13 Customer Loyalty Programmes.
Nadomešča obstoječe smernice za pripoznavanje prihodkov, vključno z MRS 18 Prihodki, MRS 11 Pogodbe o gradbenih delih in OPMSRP 13 Programi nagrajevanja zvestobe strank.