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IFRS-15 with practical examples
What you'll learn
- Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition,
- Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15
- Analyze and Implement Disclosure Requirements: Master the disclosure requirements under IFRS 15, including how to present revenue information in financial state
- revenue streams. Navigate Complex Contract Scenarios: Develop the ability to handle complex contract scenarios, such as variable consideration,
Requirements
- Accounting knowledge
Description
Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
Analyze and Implement Disclosure Requirements: Master the disclosure requirements under IFRS 15, including how to present revenue information in financial statements and footnotes to provide transparency and insight into revenue streams.
Navigate Complex Contract Scenarios: Develop the ability to handle complex contract scenarios, such as variable consideration, significant financing components, and contract modifications, ensuring accurate and compliant revenue reporting.
Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
Analyze and Implement Disclosure Requirements
Who this course is for:
- Accounting professionals and Auditors
- Financial Analysts
- Corporate finance teams
- Students and educators
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