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Refresher on the key requirements under IFRS 15 and IFRS 16
Venue Online
Date Tuesday 16th June 2026
Time 09:30 - 12:30
Information IFRS 15 - Revenue from contracts with customers

  • A quick overview at the principles of recognition of revenue under the ‘5-step’ Model:

    - Identification of contracts
    - Identification of performance obligations
    - Determination of transaction price
    - Allocation of the price to performance obligations
    - 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

  • Accounting for modification of terms

    IFRS 16 - Leases

  • A quick overview of the definition of a lease in relation to:

    - A right to control
    - Identified asset
    - Substantive substitution rights
    - Decision-making rights

  • Initial and subsequent of a right-of-asset and lease liability.

    The MQA Approval is under process
  • Presenter Sanat Bheeroo
    CPD Units 3 units on full attendance
    Seats Left 21
    Price Rs 5000
    Booking Deadline Tuesday 16th June 2026
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