Mastering IFRS-15: Revenue Recognition Simplified , IFRS-15 with practical examples.
Course Description
Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
Analyze and Implement Disclosure Requirements: Master the disclosure requirements under IFRS 15, including how to present revenue information in financial statements and footnotes to provide transparency and insight into revenue streams.
- Navigate Complex Contract Scenarios: Develop the ability to handle complex contract scenarios, such as variable consideration, significant financing components, and contract modifications, ensuring accurate and compliant revenue reporting.
- Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
- Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
- Analyze and Implement Disclosure Requirements
Who this course is for:
- Accounting professionals and Auditors
- Financial Analysts
- Corporate finance teams
- Students and educators
