IDEAS home Printed from https://ideas.repec.org/a/arh/jmabec/v97y2023i9-10p319-334.html
   My bibliography  Save this article

First year's application of revised revenue recognition guidance by companies under NL-GAAP

Author

Listed:
  • Roy van Duuren

    (EY; University of Groningen, Apeldoorn, Netherlands)

  • Ralph ter Hoeven

    (Rijksuniversiteit Groningen, Groningen, Netherlands
    Deloitte Accountants B.V., Rotterdam, Netherlands)

Abstract

This study focuses on the revenue recognition disclosure quality of a sample of 63 large Dutch legal entities applying revised DAS 221 and DAS 270 in their 2022 financial statements. A large majority of companies in our sample use a prospective method for transitioning to the revised standards, though many companies were not really transparent in disclosing the transition method used. Further, only a small portion of companies in our sample (35%) disclosed how the revisions impacted their solvency. Overall, we conclude that the effects of the amended guidance in DAS 221/270 appear to be limited in financial reporting practice and that disclosure quality varies to a large extent. Also, we recommend the DASB to add specific disclosure requirements to DAS 221

Suggested Citation

  • Roy van Duuren & Ralph ter Hoeven, 2023. "First year's application of revised revenue recognition guidance by companies under NL-GAAP," Maandblad Voor Accountancy en Bedrijfseconomie Articles, Maandblad Voor Accountancy en Bedrijfseconomie, vol. 97(9-10), pages 319-334, December.
    • Handle: RePEc:arh:jmabec:v:97:y:2023:i:9-10:p:319-334
    DOI: 10.5117/mab.97.113397
    as

    Download full text from publisher

    File URL: https://mab-online.nl/article/113397/
    Download Restriction: no
    File URL: https://libkey.io/10.5117/mab.97.113397?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Revenue recognition DAS 221 DAS 270;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arh:jmabec:v:97:y:2023:i:9-10:p:319-334. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teodor Georgiev (email available below). General contact details of provider: https://mab-online.nl/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.