RJ 221 and RJ 270 - Revised Dutch accounting standards RJ 221 and RJ 270 - Revised Dutch accounting standards RJ 221 and RJ 270 - Revised Dutch accounting standards

This publication explains the changes in financial accounting and reporting for revenue recognition as per 1 January 2022. The Dutch accounting standards on revenue recognition remain part of RJ 221 Construction contracts and RJ 270 The income statement. The DASB has revised both guidelines,  applying a broader scope and adding more detailed application guidance, examples and new presentation and disclosure  requirements. This publication explains the revised accounting standards.