IFRS 15 Revenue from Contracts with Customers
Presenters : Anton van Wyk CA(SA)
Learning objectives
By the end of this event the participant should:
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Understand the purpose of IFRS 15;
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Know how to apply the five-step recognition method;
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Know how to present revenue from contracts with customers in the AFS; and
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Understand the disclosure of revenue from contracts with customers.
Content
The webinar will cover the following topics:
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IFRS 15 overview.
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Superseded standards.
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Five-step recognition:
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Identify the contract;
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Identify performance obligations;
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Determine transaction price;
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Allocate transaction price; and
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Recognise the revenue.
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Presentation in the AFS.
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Disclosure.
