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COVID-19 impacts on arrangements with customers

Hot Topic | March 2020

Potential impacts on accounting for arrangements with customers, including revenue, inventory and other related costs.


The economic and financial markets effects of the COVID-19 outbreak may have a number of impacts on companies’ accounting for arrangements with customers. This article addresses how uncertainties in customer demand and the disruption to supply chains, manufacturing and workforce capabilities may impact companies’ revenue and inventory accounting.


  • All companies

Relevant dates

  • Effective immediately

Report contents

  • Variable consideration
  • Customer credit risk
  • Contract modifications
  • Stand-alone selling prices
  • Inventory
  • Contract costs
  • Other customer incentives and estimates
  • Disclosures
  • Subsequent events

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Meet our team

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Brian Allen
Partner, Dept. of Professional Practice, KPMG US
Image of Meredith Canady
Meredith Canady
Partner, Dept. of Professional Practice, KPMG US

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