IFRS 15 - Revenue from Contracts with Customers
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Venue | Online - Microsoft Teams |
Date | Thursday 6th March 2025 |
Time | 09:30 - 12:30 |
Information | In the session we will look at the requirements of IFRS 15 in terms of the following aspects:
Recap on the principles of recognition of revenue under the ‘5-step’ Model:
(a) Identification of contracts
(b) Identification of performance obligations
(c) Determination of transaction price
(d) Allocation of the price to performance obligations
(e) Recognition of revenue when/as performance obligations are satisfied.
The acceptable methods for measuring progress towards complete satisfaction of a performance obligation.
The criteria for the recognition of contract costs. The recognition of contract assets and contract liabilities
Applying the principles of recognition of revenue and consider the accounting for the following:
1. Bill and hold arrangements
2. Sales with a right of return
3. Consignment agreements
MQA Approval under Process |
Presenter |
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CPD Units | 3 units on full attendance |
Seats Left | 20 |
Price | Rs 5000 |
Booking Deadline | Thursday 6th March 2025 |
Map | View Map |
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