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Since September 2002, the new waves of international accounting standards have boosted, having as epicenter the US FASB and UK IASB Norwalk Agreement, on accounting convergence Program to achieve fully compatible standards on clearly and globally articulated financial reporting principles for the public benefit. The topic of Revenue recognition constituted one of the most complex and debated subject of this endeavor. May 2014 was the moment when IFRS 15 Revenues from contracts with customers was published and the mandatory implementation initially was set in 2017 but further delayed to 2018. We consider that despite the quality of elaboration and sharing of the new accounting standard the success of the implementation depends on the firm’s capacity to identify, understand and manage the main issues highlighted by IFRS 15 and the way the entities may carry out business-model’s …