IFRS 15, Revenue from Contracts with Customers
Understand the requirements of IFRS 15, Revenue from Contracts with Customers, the IFRS standard on revenue recognition.
Format
Online
NASBA Field of Study
Accounting
Level
Basic
CPE Credits
1
Availability
1 year
Product Number
IFRSCERTR23SSO
Know the core principle of IFRS 15
Explore the IFRS standard on revenue recognition developed under a joint project with FASB.
You will learn about key elements of IFRS 15, including:
- IFRS 15’s core principles
- The five-step model
- Recognizing contract costs
Many of the world's largest capital markets require or permit the use of International Financial Reporting Standards (IFRS).
Whatever your location, you could easily find yourself with a client subject to IFRS requirements.
Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to effectively compete in the modern business world.
Realistic examples and hands-on learning
The interactive learning elements and real-life examples in this course will help you implement key concepts to your practice.
Case studies will enable you to apply the core principles of IFRS 15 so that you can better assist your clients.
This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
Who Will Benefit
- Accounting and finance professionals who work for private or public multinational organizations that have adopted IFRS.
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS.
Key Topics
- IFRS 15 core principles
- The five-step model
- Contract costs
- Relevant disclosures
Learning Outcomes
- Identify the five steps for revenue recognition.
- Recognize how the criteria for revenue recognition under IFRS 15 applies to a scenario.
- Recall the enhanced disclosure requirements under IFRS 15.
Group ordering for your team
2 to 5 registrants
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