IFRS 15 was introduced to bring simplicity to revenue reporting. Some argue that it is anything but simple. Well, have you found out for yourself… Why not give it another, more practical, go?
Our plan for this session: a) simplify the theory and b) help you visualise its application through examples.
Break down IFRS 15 to help professionals better understand what is required of them when accounting for revenue transactions and preparation of financial statements, and thereby overcoming the fear and uncertainty that IFRS 15 brings.
This session provides a high-level overview of the following aspects of IFRS 15 Revenue from Contracts with Customers:
- Objective + Scope
- 5-Step model for accounting, detailing recognition and measurement
- Contract costs
- Basic Presentation and Disclosure, NOTE HOWEVER: Disclosure is outside of IFRS 15 scope
A stable internet connection is required for live streaming of a webinar with sound equipment in the form of earphones or built in speaker for accurate listening purposes.
