Courses Images


  • Price : INR 45,000 + GST
  • Programs : Digital
  • Category : Accountancy
  • Access :This is a digital product. You will have access to the content for a year.

Build your knowledge about revenue recognition in IFRS

Revenue drives the success of most businesses and can be simple-or complex-to report accurately. This course will familiarize you with the criteria that must be satisfied in order to recognize revenue from a sales-type transaction in accordance with IAS 18, Revenue.

You'll learn how to measure the amount of revenue to recognize and how to apportion revenue among multiple deliverables when a company sells a bundle of products and/or services.

The course also covers revenue recognition under construction accounting, as well as the new requirements of IFRS 15.

Learn even more with AICPA's IFRS Certificate Program

This course is part of the IFRS Certificate Program - a comprehensive, integrated curriculum that will give you the basic training, knowledge and practical guidance in international accounting standards that are necessary in today's global business environment. Credit for previously purchased individual courses can be applied to the full program. See full details on the complete program.

Learning Objective

  • Apply the criteria for revenue recognition and identify circumstances in which those criteria have or haven't been met
  • Identify issues that may arise when applying the revenue recognition criteria to separately identifiable components of a single transaction
  • Apply the revenue recognition criteria for construction contracts
  • Understand how IFRS 15 will affect future revenue recognition decisions

Key Topics

  • Revenue recognition criteria
  • Multiple element arrangements
  • Construction accounting
  • Background, purpose, and main provisions of IFRS 15

Who Will Benefit?

  • Accountants in business and industry
  • Independent external auditors
  • Other finance professionals