Journeying into the income statement we must ask ourselves, is Section 23 Revenue affected by the new IFRS 15 Revenue standard?
Join us as we are set to get hands on with Revenue, by working our way through a broad range of mini-case-studies, addressing the practical application of recognition criteria, measurement calculations and accounting debits and credits.
We will look at the following revenue streams:
- Rendering of services,
- Sale of goods,
- Construction contracts and
- Passive income.
None
• Identifying a revenue stream, with examples
• Recognition of each stream, with examples
• Measurement of revenue transactions, with examples
• Disclosure
Financial managers
Auditors
Bookkeepers
Financial accountants
First year SAICA Trainees
Audit managers
Audit partners
Engagement Quality Control Reviewers
