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Jennifer Louis, CPA, President of Emergent Solutions Group LLC
Jennifer has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and soft skills topics needed for professional and organization.
This instructor has 80 courses »To Access This Course:
International Financial Reporting Standard (IFRS)15, Revenue from Contracts with Customers had a broad impact on the amounts and timing of revenue. This course provides an overview of the most significant elements of the latest five-step model to determine when and what amount to recognize revenue.
Learning Objectives
- Explore the five-step model that determines when and what amount of revenue to recognize.
- Discover important considerations in recognizing revenue when a company transfers control of goods or services to a customer at the amount the company expects to be entitled.
- Recognize whether to recognize revenue either over time, in a manner that best reflects performance, or at a point in time, when control of the goods or services is transferred to the customer.
Last updated/reviewed: May 20, 2022
Included In Certifications
This course is included in the following Certification Programs:
17 CoursesIFRS Certificate Program
- General Considerations for Preparing Financial Statements in Accordance with IFRS
- IFRS vs. U.S. GAAP - Major Differences in Accounting
- 2022 IFRS Update
- IFRS for Small and Medium-Sized Entities Compared to Full IFRS
- Accounting for Revenue from Contracts with Customers per IFRS 15
- Accounting for Leases under IFRS 16
- IFRS - Accounting for Share-Based Payment Awards per IFRS 2
- Accounting for Financial Instruments under IFRS 9
- Accounting for Nonfinancial Assets under IFRS
- Accounting for Business Combinations under IFRS 3
- IFRS - Accounting for Employee Benefits per IAS 19 and IFRIC 14
- Accounting for Investments in Other Entities, Including Consolidation, under IFRS
- IFRS - Accounting for Income Taxes per IAS 12
- IFRS - Derivatives and Hedge Accounting under IFRS 9
- IFRS - Special Accounting Topics
- IFRS - Special Financial Reporting Issues
- IFRS - General Financial Statement Disclosures
11 Reviews (35 ratings)Reviews
Greg Biedenstein
(Accountant at Charter Communications)
I found this to be a great refresher course since i had not since seen this information in a while. Professor is very knowledgeable on the topic at hand and is very easy to follow from slide to slide.
Anonymous
(disabled)
The course was a great introduction to revenue recognition. The exam questions were a bit difficult. The instructor does a great job with examples and gives great insight into the subject matter.
Anonymous
(SVP, Finance)
course was organized and concepts clear, instructor was effective in communicating the contents of the course
Anonymous
(AM)
The course fully covers the major basics of IFRS 15. Would love to see course with practical examples.
Alexandra Demidova
(Technical Accounting Manager at Flexport)
This was a really good course and overview of the new revenue accounting standard for IFRS 2.
Anonymous
(Controller)
Solid overview of the key concepts with good explanations of the requirements of each step.
Ali Hasnat
(Group Internal Auditor at Altrad Group)
Excellent course. However, some exhibits, scenarios or examples could be added.
Anonymous
()
It is good refresher on the IFRS 15 principals and different concepts used
Silvia Zuim
(Controllership Coordinator at Novelis)
The course has consistent material and the instructor is great.
Anonymous
(Senior Revenue Manager)
I enjoyed this course and thought it was very informative.
Kelly Campos
(Especialista Controladoria at Novelis)
I liked the course, it was good to improve my knowledge.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .