IFRS 15 Online Training – Revenue from Contracts with Customers

Course Description

As we have seen in recent years, the principles applied in recognition of revenue has been the subject of accounting scandals and controversies in some companies. IFRS 15 Revenue from Contracts with Customers is a comprehensive standard on the accounting for the top line in the statement of financial performance.

The standard has a detailed five-step framework for recognition of revenue. In addition, it includes application guidance on specific matters, and accounting for contract costs. This helps achieve consistency and comparability in how the revenue and contract costs are recognised.

This half-day virtual course provides an in-depth analysis of the framework for revenue recognition and application of guidance on specific matters. There is use of examples and case studies throughout the course to explain the application of the standard, including presentation and disclosure requirements.

Learning Outcomes

To enable participants to obtain an in-depth understanding of the requirements of IFRS 15:

  • Review the scope of the standard
  • Apply the five-step framework for recognition of revenue by using real-life examples and case studies
  • Analyse the key aspects of revenue recognition in the application guidance
  • Apply the principles of accounting for contract costs
  • Review the presentation and disclosure requirements

Who should attend

  • The course is useful for preparers and users of financial statements:
  • Staff in finance department
  • Internal and external auditors
  • Analysts
  • Those who would like to get a better understanding on how revenue is recognised and measured in the IFRS financial statements

A basic understanding of financial statements under any GAAP is a pre-requisite.

Saket is a financial trainer and consultant based out of London. He has designed and facilitated workshops for finance professionals from over 50 countries in Europe, Middle East, Africa and Asia. Saket specialises in financial reporting and analysis (IFRS/IPSAS), financial instruments, corporate finance and CFA® exam preparatory courses. He has spent considerable time working, advising...


















Company details








Name of authorised manager







Delegate





Terms and Conditions

By placing an order or making a purchase, you agree to the terms set forth below.

Orders Processing and Timelines: Upon receipt of full payment, your order will be processed.

Products: Actual products may differ slightly in appearance to images shown.

Product Availability and Limitations: Given the popularity and/or supply constraints of some of the products, Masterclass Events may have to limit the number of products available for purchase, this will be prominently displayed on our website.

Pricing and Payment: All prices are inclusive of VAT, of South African currency (ZAR). Masterclass Events reserves the right to change prices for products displayed at any time, and to correct pricing errors that may inadvertently occur. Quotations/Proforma invoices are valid for 30 days after the quotation date, subject to availability of stock. We shall take all reasonable efforts to accurately reflect the description, availability, purchase price and delivery charges of Goods on the Website. Take note that there may be errors on the Website. Should such errors be made and it is not due to our gross negligence, we will not be held liable and reserve the right to rectify the error.

R5 200.00 (ZAR) or $320.00 (USD) all inclusive

Event Details
  • Days
    Hours
    Min
    Sec
  • Start Date
    24th Feb 2021 09:00
  • End Date
    24th Feb 2021 17:00
  • Status
    Upcoming
  • Category
Join our mailing list

Testimonials

Brilliant

Brilliant, well above anything that I have been exposed to before.

Standard Bank

Friendly

The friendliness and efficiency of staff blew me away.

Rand Merchant Bank

Excellent

I would recommend you to anyone. Excellent coordination of the event.

Anglo Platinum