Relevant bibliographies by topics / Unidroit principles on international commercial contracts

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers

Academic literature on the topic 'Unidroit principles on international commercial contracts'

Author: Grafiati
Published: 4 June 2021
Last updated: 18 February 2022

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Unidroit principles on international commercial contracts.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Unidroit principles on international commercial contracts"

1

Piltz, Burghard. "Brödermann, UNIDROIT Principles of International Commercial Contracts." Internationales Handelsrecht 19, no. 3 (June 1, 2019): 129–30. http://dx.doi.org/10.9785/ihr-2019-190308.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Van Houtte, H. "The UNIDROIT Principles of International Commercial Contracts." Arbitration International 11, no. 4 (December 1, 1995): 373–90. http://dx.doi.org/10.1093/arbitration/11.4.373.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Rabello, A. M., and P. Lerner. "The Unidroit Principles of International Commercial Contracts and Israeli Contract Law." Uniform Law Review - Revue de droit uniforme 8, no. 3 (August 1, 2003): 601–29. http://dx.doi.org/10.1093/ulr/8.3.601.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Gabriel, Henry D. "Ethics in the Unidroit Principles of International Commercial Contracts." Uniform Law Review 22, no. 1 (March 2017): 132–44. http://dx.doi.org/10.1093/ulr/unw054.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Hepburn, Jarrod. "THE UNIDROIT PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS AND INVESTMENT TREATY ARBITRATION: A LIMITED RELATIONSHIP." International and Comparative Law Quarterly 64, no. 4 (September 4, 2015): 905–33. http://dx.doi.org/10.1017/s0020589315000354.

Full text
Abstract:
AbstractThe UNIDROIT Principles of International Commercial Contracts have appeared in a small but steady trickle of investment treaty arbitrations over the last decade. This article considers the use of the Principles by investment tribunals on questions of both domestic law and international law. It suggests that reference to the Principles can play an important legitimating role on questions of domestic law, but that this should not replace reference to the applicable law. On questions of international law, reference to the Principles may be justified by resort to the general principles of law. However, the article contends that there is only a limited role for the UNIDROIT Principles where the primary and secondary rules of investment protection are already found in treaties and custom. In addition, while general principles have historically been drawn from domestic private law, there is increasing recognition that general principles of public law are more relevant to investment arbitration. Given this, arbitrators resolving questions of international law must be cautious in references to the UNIDROIT Principles, a quintessentially private law instrument.
APA, Harvard, Vancouver, ISO, and other styles
6

Berger, Klaus Peter. "International Arbitral Practice and the UNIDROIT Principles of International Commercial Contracts." American Journal of Comparative Law 46, no. 1 (1998): 129. http://dx.doi.org/10.2307/841080.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Butler, Petra. "Book Review: UNIDROIT Principles of International Commercial Contracts – An Article-by-Article Commentary." Victoria University of Wellington Law Review 49, no. 3 (November 1, 2018): 409. http://dx.doi.org/10.26686/vuwlr.v49i3.5330.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Мещанова, Мария, and Mariya Meshchanova. "GLOBALISATION OF THE WORLD TRADE FROM THE PERSPECTIVE OF THE PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS UNIDROIT." Journal of Foreign Legislation and Comparative Law 2, no. 4 (September 5, 2016): 0. http://dx.doi.org/10.12737/21254.

Full text
Abstract:
This paper is concerned with the role of the UNIDROIT Principles in the processes of legal globalization. The central argument is that this non-State codification does not have a legal binding nature, but this document which covers the rules of conduct and dispute settlement, no doubt, contributed to the acceleration of globalization of world trade. It analyses the revision of the UNIDROIT Principles since 1994 to the current version of 2010 and from the stand point of strengthening of the general approaches in legal regulation and extension of the scope of their application. The UNIDROIT Principles may have impact on the reform of the national legislation of various countries, thus, facilitating the process of harmonization of Contract Law. At the same time it is noted that many of the provisions of the national legislation, and, in particular, the German Civil Code, may serve as the basis for progressive development of the mentioned non-state codification. This set of unified rules may be used as an instrument for the interpretation of the terms enshrined in international commercial contracts.
APA, Harvard, Vancouver, ISO, and other styles
9

Rosett, Arthur I. "Part I: The UNIDROIT Principles of International Commercial Contracts: A New Approach to International Commercial Contracts." American Journal of Comparative Law 46, suppl_1 (1998): 347–60. http://dx.doi.org/10.1093/ajcl/46.suppl1.347.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Jansen, Nils. "Commentary on the UNIDROIT Principles of International Commercial Contracts (PICC)." JuristenZeitung 64, no. 20 (2009): 1008. http://dx.doi.org/10.1628/002268809789648049.

Full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Unidroit principles on international commercial contracts"

1

Oser, David. "The UNIDROIT principles of international commercial contracts : a governing law? /." Leiden : Nijhoff, 2008. http://opac.nebis.ch/cgi-bin/showAbstract.pl?u20=9789004167896.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Bouleghlimat, Widad. "L'arbitrage commercial international dans les pays arabes et les principes Unidroit relatifs aux contrats du commerce international." Thesis, Paris 2, 2014. http://www.theses.fr/2014PA020013.

Full text
Abstract:
L’arbitrage commercial international est le mode alternatif de règlement de différends le plus utilisé dans le monde. Ce qui contribue notamment à en faire l’acteur principal de la diffusion des règles anationales telles que les principes généraux du droit, les usages du commerce international, ou encore la "lex mercatoria" qui sont souvent choisies par les arbitres en tant que droit applicable au fond du litige. Ce choix s’est étendu aux nouvelles règles élaborées par des institutions internationales privées telles que les Principes d’UNIDROIT relatifs aux contrats du commerce international. Une codification doctrinale conçue comme un instrument de "soft law" et qui trouve de plus en plus application dans la pratique arbitrale. Notre étude cependant montre que peu de sentences arbitrales rendues dans des affaires dont l’une des parties est arabe ont fait référence aux Principes Unidroit. L’explication n’est pas à rechercher dans une incompatibilité entre ceux-ci et le droit des contrats des pays arabes mais dans la méconnaissance de cette codification doctrinale par les juristes arabes. À cela s’ajoute un sentiment de méfiance à l’égard d’une manifestation de la soft law. Il convient dès lors de s’interroger sur les moyens qui permettraient aux Principes Unidroit de trouver leur place dans le droit et la pratique des pays arabes
International commercial arbitration is the Alternative Dispute Resolution (ADR) the most used in the world. Which contributes in particular to make the main actor of the diffusion of a-national rules as the general principles of law, usages of international trade, or the lex mercatoria, often chosen by the arbitrators as the law applicable to the substantive of the dispute. This choice was extended to the new rules developed by private international institutions such as the UNIDROIT Principles of International Commercial Contracts. A doctrinal codification conceived as a soft law instrument, which is increasingly applied in arbitration practice. Our study shows, however, that few awards rendered in cases in which one of the parties is Arabic made a reference to UNIDROIT Principles. The explanation is not to look for in an incompatibility between them and contract law in Arab countries but in the ignorance of this doctrinal codification by Arab jurists and lawyers. Added to this, a feeling of distrust a manifestation of soft law. It is therefore necessary to consider the ways in which the UNIDROIT Principles to find their place in the law and practice of the Arab countries
APA, Harvard, Vancouver, ISO, and other styles
3

Maile-Zinser, Tanja. "Auswirkungen der Unmöglichkeit auf den Erfüllungsanspruch : eine rechtsvergleichende Untersuchung zum deutschen Recht, dem US-amerikanischen Uniform Commercial Code, dem UN-Kaufrecht, den UNIDROIT Principles of International Commercial Contracts, den Principles of European Contract Law und dem Vorentwurf eines Europäischen Vertragsgesetzbuchs /." Berlin : Logos-Verl, 2006. http://deposit.ddb.de/cgi-bin/dokserv?id=2820899&prov=M&dok_var=1&dok_ext=htm.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Fischer, Nicole N. [Verfasser], and Nicole N. [Verfasser] Englisch. "Die Unmöglichkeit der Leistung im internationalen Kauf- und Vertragsrecht. : Die Haftungsbefreiung des Schuldners nach Art. 79 CISG, den Vorschriften der UNIDROIT Principles of International Commercial Contracts und der Principles of European Contract Law im Vergleich zum deutschen Unmöglichkeitsrecht. / Nicole N. Fischer, Nicole N. Englisch." Berlin : Duncker & Humblot, 2020. http://d-nb.info/1238311709/34.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Ruangvichatron, Jumpita. "Breach of contract in international sale of goods : an evaluation of the 1980 Vienna Sales Convention and the 1994 UNIDROIT principles as compared with English law and the (US) Uniform Commercial Code." Thesis, University of Exeter, 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.302569.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Nwafor, Ndubuisi Augustine. "Comparative and critical analysis of the doctrine of exemption/frustration/force majeure under the United Nations Convention on the Contract for International Sale of Goods, English law and UNIDROIT principles." Thesis, University of Stirling, 2015. http://hdl.handle.net/1893/21805.

Full text
Abstract:
This thesis attempts to critically and comparatively analyse the doctrine of exemption/frustration /force majeure under the United Nations Convention on the Contract for International Sale of Goods (CISG) the UNIDRIOT Principles of International Commercial Contracts (UNIDROIT) and the English Law. The doctrine of exemption/frustration/force majeure is very important in the area of contract and commercial law, it is a doctrine deeply rooted in fairness and allows a party to be excused from performing an obligation in a contract if at the conclusion of the contract an inhibition beyond the foreseeable control of the party happens to render the performance of the contract impossible. However, it is not easy to effectively streamline this doctrine and properly determine its applications. It has been observed in this thesis that, the doctrines of exemption/frustration /force majeure are not exactly the same; this thesis explores in details severally and jointly the various differences and similarities in the interpretations and applications of these impossibility doctrines. For instance, the open and flexible use of words in the definition of this doctrine under the CISG and the UNIDROIT Principles left much to be desired. Thus, it is one of the succinct arguments of this thesis that couching international law in loose words will work against the uniformity of application of this law, due to the different interpretations national law courts will be subjecting it to. This among other issues retarded the growth and development of the doctrine of exemption and force majeure. Furthermore, English law stance on the doctrine of frustration which can be gleaned from both the Sale of Goods Act of 1979 and the Common law are far from being adequate and need to be updated. This thesis therefore incisively laid bare the applications, interpretations and way forward for the doctrine of exemption/frustration/force majeure under the legal instruments of focus of this work. The thesis also comparatively compares the relationship between the doctrine of frustration/force majeure/exemption and other related doctrines like mistake, termination, avoidance, risk, and hardship. The thesis is concluded with a Draft Model Frustration Clause (DMFC) which is an attempt to rise above the status quo doctrine of frustration in the extant laws and develop a frustration clause that will be able to provide answers to the many flaws that trail these laws.
APA, Harvard, Vancouver, ISO, and other styles
7

Bramban, Bernard. "Le principe pacta sunt servanda en droit du commerce international. : Etude critique d'un principe de droit transnational." Phd thesis, Université Nice Sophia Antipolis, 2013. http://tel.archives-ouvertes.fr/tel-00956171.

Full text
Abstract:
En droit du commerce international, pacta sunt servanda se manifeste dans la règle de l'intangibilité du contrat. Cette dernière s'y présente de manière singulière. Sous l'influence de la Common law, la créance et les prérogatives contractuelles ne sont protégées qu'en fonction de leur utilité économique. En cas d'inexécution du contrat, la modification de ses stipulations est encouragée lorsqu'elle permet au créancier de minimiser son préjudice. En vue d'une allocation optimale des ressources économiques, le créancier doit parfois privilégier la survie du lien contractuel, à la sanction stricte de ses droits et prérogatives. La règle de l'intangibilité du contrat est ainsi concurrencée par la règle de l'effet utile du contrat. Cette dernière participe à la singularité du principe pacta sunt servanda en droit du commerce international. Le principe transnational pacta sunt servanda n'est pas qu'une représentation " systématique et synthétique " de la force obligatoire du contrat en droit du commerce international. Ce principe de droit transnational tire son autonomie vis-à-vis des droits étatiques des libertés accrues reconnues à l'arbitre international. Le principe transnational pacta sunt servanda invite à rejeter la nullité d'un contrat conforme aux besoins du commerce du international, lorsque celle-ci est commandée par des motifs étatiques particularistes. Cette protection accrue du devoir de respecter la parole donnée n'en fait toutefois pas un principe d'ordre public transnational. Pacta sunt servanda conduit plutôt vers la reconnaissance d'un principe de validité transnationale des contrats en droit du commerce international.
APA, Harvard, Vancouver, ISO, and other styles
8

Pohl, Toralf. "The 'Battle of the Forms' under the 1980 United Nations Convention on Contracts for the International Sale of Goods: A Comparison with the UNIDROIT Principles, the European Principles and some domestic laws." Master's thesis, University of Cape Town, 2014. http://hdl.handle.net/11427/4537.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

"Choice of the UNIDROIT Principles of international commercial contracts." Thesis, 2015. http://hdl.handle.net/10210/13975.

Full text
Abstract:
LL.M. (International Commercial Law)
The principle of party autonomy is a fundamental characteristic of private international law. The contracting parties’ freedom of choice regarding the law governing their contract is one which optimises the fundamental principle of party autonomy. It is generally accepted that a choice of a governing law by the parties should be respected by adjudicating bodies such as domestic courts and arbitral tribunals. It would often benefit contracting parties to choose a neutral legal system so that there will be a “fair playing field” in case a dispute arises between them. However, some domestic legal systems and regional, supranational and international commercial instruments limit the choice of law to that of a recognised domestic legal system. Accordingly, choosing the UNIDROIT Principles on International Commercial Contracts as governing law will, in most cases, not be a viable option for the parties concerned. Such a limitation on the choice of a governing law does not promote the fundamental principle of party autonomy, which is characteristic of private international law. Parties to an international commercial contract should be able to choose a non-state system of law to govern their contract. The UNIDROIT Principles of International Commercial Contracts provide a comprehensive, complete and easily obtainable system of law compiled by legal experts in the various fields which form part of international commercial law. It follows a via media system of law with regards to Civil Law and Common Law legal systems. This paper will discuss the principle of party autonomy, as well as the possibility of a choice of non-state law, in particular the UNIDROIT Principles of International Commercial Contracts, as the law governing an international commercial contract. The choice of law will be discussed with reference to the position taken in domestic courts as well as that in international arbitration. To review the impact and success of the UNIDROIT Principles in the realm of international commercial contracting, various international commercial instruments will be discussed.
APA, Harvard, Vancouver, ISO, and other styles
10

HSIEH, YI-CHEN, and 謝宜真. "A Comparative Study on Contract Non-Performance in UNIDROIT Principles of International Commercial Contracts and Taiwan Law." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/63242707863721496267.

Full text
Abstract:
碩士
東吳大學
法律學系
104
Although the Governing Council of UNIDROIT promulgated in 1994, amended and adopted the third edition of Principles of International Commercial Contracts (PICC) in 2004 and 2010, the aforesaid Principles are not legally binding instrument under international agreement. However, the Principles above-mentioned affect many countries while drafting and revising their contract laws, and have been actually applied in daily practice. Growing with an ever-important role, the Principles set forth general rules for international commercial contracts. They shall be applicable when the parties have agreed in their contract as governing principles. These Principles can be used to interpret or supplement uniform law, international or domestic. In the meantime, they can serve as a model for national and international legislators. Further, the said Principles may be employed as course materials in universities and law schools, thereby promoting the teaching of contract law on a truly comparative basis. Referring to United Nation Convention on Contracts for the International Sale of Goods (CISG), The Principles of European Contract Law (PECL) and UNIDROIT Principles of International Commercial Contracts (PICC), Germany has revised her Law of Obligations. Following the new international trends, Japan has also revised her Law of Obligations. Our contemporary civil law study has made reference to German, Japanese as well as other international commercial contracts instruments. This paper mainly discusses the non-performance part under UNIDROIT Principles of International Commercial Contracts in contrast to the relevant provisions of our Civil Code. The author hopes to furnish her suggestions towards the development of our civil law. Recent development of the contract law in international law has been towards the abrogation those three systems of impossibility of performance, delay in performance and incomplete performance of obligation. Instead, the core aims to breach of contract or violation of obligations, and such discussions towards remedial relief based on the essentiality and uncontrollable events with regard to imputed grounds, such as the recognition of force majeure.
APA, Harvard, Vancouver, ISO, and other styles

Books on the topic "Unidroit principles on international commercial contracts"

1

UNIDROIT principles of international commercial contracts 2004. Rome: UNIDROIT, 2004.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

Bristol), International Congress of Comparative Law (15th 1998 University of. A new approach to international commercial contracts: The UNIDROIT principles of international commercial contracts. The Hague: Kluwer Law International, 1999.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

An international restatement of contract law: The UNIDROIT principles of international commercial contracts. Irvington, N.Y: Transnational Juris Publications, 1994.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

Bonell, Michael Joachim. An international restatement of contract law: The UNIDROIT principles of international commercial contracts. 2nd ed. Irvington-on-Hudson, N.Y: Transnational Publishers, 1997.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
5

International Institute for the Unification of Private Law., ed. The UNIDROIT principles of international commercial contracts: A governing law? Leiden: Martinus Nijhoff Publishers, 2008.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
6

Weida, Pan, and China. Shang wu bu. Tiao yue fa lü si., eds. Guo ji shang shi qi yue tong ze: UNIDROIT Principles of international commercial contracts. Taibei Shi: Xin xue lin chu ban gu fen you xian gong si, 2008.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
7

International Institute for the Unification of Private Law. Cláusulas modelo para el uso de los principios UNIDROIT sobre los contratos comerciales internacionales. Bogotá: Universidad Externado de Colombia, 2014.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
8

International Congress of Comparative Law (15th 1998 Bristol, England). A new approach to international commercial contracts: The UNIDROIT principles of interntional commercial contracts : XVth International Congress of Comparative Law, Bristol, 26 July-1 August 1998. The Hague: Kluwer Law International, 1999.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
9

Lückenergänzung und richterliche Rechtsfortbildung nach Art. 1.6 II der UNIDROIT-principles for international commercial contracts: Methode und Beispiele : Rückgewährschuldverhältnisse, postvertragliche Pflichten, objektive Beweislast. Frankfurt am Main: P. Lang, 2001.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
10

Olmos, Javier Mauricio Rodríguez. Principios UNIDROIT: Estudios en torno a una nueva lingua franca. Bogotá: Universidad Externado de Colombia, 2013.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Book chapters on the topic "Unidroit principles on international commercial contracts"

1

Twigg-Flesner, Christian. "UNIDROIT Principles of International Commercial Contracts." In Foundations of International Commercial Law, 215–34. London: Routledge, 2021. http://dx.doi.org/10.4324/9781315692807-10.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Cerqueira, Gustavo. "The Unidroit Principles of International Commercial Contracts in the Sino-European Sale of Goods Contracts." In International Sale of Goods, 101–26. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-54036-8_8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Rivera, Julio César. "The Use of the UNIDROIT Principles of International Commercial Contracts in Order to Interpret or Supplement Argentine Contract Law." In Ius Comparatum - Global Studies in Comparative Law, 39–53. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-54322-8_2.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Mendoza Montano, Pedro, and Enrique Martínez Guzmán. "The Unidroit Principles of International Commercial Contracts (UPICC) as Reference for the Uniform Interpretation of Guatemalan Law." In Ius Comparatum - Global Studies in Comparative Law, 183–93. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-54322-8_11.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Moreno Rodríguez, José Antonio. "The UNIDROIT Principles of International Commercial Contracts (UPICC) as Reference for the Uniform Interpretation of Paraguayan Law." In Ius Comparatum - Global Studies in Comparative Law, 273–301. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-54322-8_15.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Kreindler, Richard H., and Francesca Gesualdi. "The Civil Law Consequences of Corruption Under the UNIDROIT Principles of International Commercial Contracts: An Analysis in Light of International Arbitration Practice." In Ius Comparatum - Global Studies in Comparative Law, 391–409. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-19054-9_17.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Lo, Chang-fa. "The Soft Codification of the UNIDROIT Principles of International Commercial." In Ius Comparatum - Global Studies in Comparative Law, 61–73. Cham: Springer International Publishing, 2014. http://dx.doi.org/10.1007/978-3-319-03455-3_4.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Krebs, Thomas. "The UNIDROIT Principles of International Commercial Contracts." In Research Handbook on International Commercial Contracts, 132–57. Edward Elgar Publishing, 2020. http://dx.doi.org/10.4337/9781788971065.00012.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

"Unidroit Principles of International Commercial Contracts 2016()." In Fundamental Texts On European Private Law. Hart Publishing, 2016. http://dx.doi.org/10.5040/9781782258674.0056.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

"UNIDROIT PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS, 1994 *." In Statutes on International Trade 3/e, 757. Routledge-Cavendish, 1999. http://dx.doi.org/10.4324/9781843143024-206.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Unidroit principles on international commercial contracts"

1

Pavić, Ivana, Ivana Mamić Sačer, and Lajoš Žager. "Challenges, Advantages and Disadvantages in Implementation of Ifrs 15 in Different Industries." In 2nd International Conference on Business, Management and Finance. Acavent, 2019. http://dx.doi.org/10.33422/2nd.icbmf.2019.11.769.

Full text
Abstract:
The accounting rules related to revenues’ recognition and measurement have not been changed for many years, and have been listed in International Accounting Standard 18 – Revenues, which has been in use since 1984. Practice has shown that the standard is no longer an adequate basis for revenue recognition and therefore the International Accounting Standards Board (IASB) in cooperation with American FASB has created and published a new accounting standard that addresses the issue of revenue recognition – IFRS 15 – Revenues from Contracts with Customers. This standard supersedes the application of IAS 18 as of January 1, 2018. Since revenue is a very important element in determining the profit or loss of an entity and therefore its performance, preparers of financial statements should pay full attention to accounting principles related to revenues’ recognition and measurement while preparing financial statements. New accounting standard for revenues introduces certain innovations in the field of revenue calculation as well as in time of revenues’ recognition. These changes will have a significant impact on the amount of revenues for certain industries, such as the telecommunications and construction industry, which have significant share of revenues from contracts with customers. The aim of the research is to identify the challenges and problems that appears in the initial phase of application of a new standard on revenues such as; the need to consider a larger volume of documentation, inadequate existing IT infrastructure, multiple sources of documentation that must be considered in revenue recognition, including commercial, legal and financial documentation etc. In addition, we plan to identify benefits form the application of the new standard for the entities preparing the financial statements. In this context, it is expected to identify the sectors that have the most dilemmas in the application of this standard and to propose potential solutions to address these problems.
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the extended bibliographies on the topic 'Unidroit principles on international commercial contracts' for particular source types:
Journal articles Books
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography