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.
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.