IFRS: Revenue Recognition
IFRS 15: Revenue from Contracts with Customers has fundamentally revised the rules for how to recognise and report revenue in financial statements. This course will get you up-to-date with recent changes and what they mean for your organisation.
IFRS: Revenue Recognition
This course will enable you to
- Learn the new provisions of IFRS 15
- Understand each step of the five-step process for implementing IFRS 15
- Recognise whether to capitalise costs when entering into a contract
- Understand the disclosure requirements under the new standards
- Know how to account for grants correctly under IAS 20
About the course
Revenue is a fundamental concept in accounting, but the rules for how to recognise and report it in financial statements have been fundamentally revised. IFRS 15 represents this major revision of the rules governing revenue from contracts with customers.
This course will get you up-to-date with recent changes and what they mean for your organisation. You will understand the key provisions of IFRS 15, the five-step process and other factors affecting the standard such as contract costs.
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Contents
How it works
Author
Wayne Bartlett
Wayne is an internationally acclaimed speaker and trainer on all aspects of public and private sector accounting and auditing standards. He has been instrumental in helping to develop the profession internationally and has taken lead roles in the development of new professional bodies and the accounting profession in Mozambique and Rwanda, and been extensively involved in developing financial reporting in many countries across the globe.
