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Jennifer Louis, President
Jennifer has over 22 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 success.
This instructor has 33 courses »To Access This Course:
International Financial Reporting Standard (IFRS) 15, Revenue from Contracts with Customers is effective for fiscal years beginning on or after January 1, 2018. For many organizations, IFRS 15 will have a broad impact on the amounts and timing of revenue. This course provides an overview of the most significant elements of the new five-step model to determine when and what amount to recognize revenue.
Learning Objectives
- Explore the new 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: November 15, 2020
4 Reviews (23 ratings)Reviews
course was organized and concepts clear, instructor was effective in communicating the contents of the course
This was a really good course and overview of the new revenue accounting standard for IFRS 2.
Solid overview of the key concepts with good explanations of the requirements of each step.
I enjoyed this course and thought it was very informative.
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 .