IFRS 15 establishes the principles that an entity applies when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows ...

In May 2014 the Board issued IFRS 15 Revenue from Contracts with Customers, together with the introduction of Topic 606 into the Financial Accounting Standards ...

5-step model. The core principle of IFRS 15 is that revenue is recognised when the goods or services are transferred to the customer, at the transaction price.

Our handbook will help you interpret and apply IFRS 15 to your revenue-related transactions in this fast-changing world.

IFRS 15 – revenue recognition steps · 1. Identify the contract · 2. Identify separate performance obligations · 3. Determine the transaction price · 4. Allocate ...

28 мая 2014 г. · IFRS 15 is that an entity will recognise revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration. Overview · History of IFRS 15 · Scope · Key definitions

A contract with a customer will fall within the scope of IFRS 15 when all the following criteria are met: • The parties to the contract have approved the ...

A new revenue recognition accounting standard, IFRS 15 Revenue from Contracts with Customers ('the Standard'), is effective for periods beginning on or after 1 ...

24 янв. 2022 г. · Establishes principles to be applied in reporting information about the nature, amount, timing and uncertainty of revenue and cash flows ...

It defines transactions based on performance obligations satisfied over time versus point in time. This course explains the scope of IFRS 15 standard, after ...