Q&A: Accounting for buying group rebates

This technical Q&A answers: A buying group arranges for rebates to be paid to itself based on purchases made by its own members from wholesalers. It later disburses part of the rebates to its members. Are these rebates goods or services under AASB/NZ IFRS 15?

Updated Icon Updated

October 2019

Topics Icon Topics
Helpsheet Helpsheet

0.12 mb

Date Icon Publish Date

October 2019

Location Icon Location


New Zealand

Availability Icon Access

Member Exclusive