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| Venue | Hennessy Park Hotel Ebene |
| Date | Thursday 18th August 2022 |
| Time | 09:30 - 12:30 |
| Information | In this session we will look at the requirements of IFRS 15 with the impact of the ‘5-step model’ on real life scenarios in various industries with a brief analytical look on the Mauritian income tax implications of the Standard.
In this session we will look at the following aspects of IFRS 15:
a) The “5-Step Model” in the revenue recognition process
i. Step 1 – Identify the contract with the customer
ii. Step 2 – Identify the performance obligations
iii. Step 3 – Determine the transaction price
iv. Step 4 – Allocate the transaction price with the performance obligations
v. Step 5 – Recognition of revenue
b) Modifications of contract
c) Customer loyalty programmes
d) Contract costs
e) Principal v agent
f) Sale with a right of return
g) Tax treatment (Under Mauritian’s Income Tax Act) arising from the adoption of IFRS 15.
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| CPD Units | 3 units on full attendance |
| Seats Left | 12 |
| Price | Rs 4000 |
| Booking Deadline | Thursday 18th August 2022 |
| Map | View Map |
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