Mastering IFRS 15 – Revenue Recognition Explained

15/02/2025 10 min Temporada 2025 Episodio 3

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Episode Synopsis

In this episode, we take a deep dive intoIFRS 15 – Revenue Recognition, unpacking thefive-step framework that governs how companies should recognize revenue under the International Financial Reporting Standards.Listeners will gain aclear and practical understanding of:✅Identifying contracts and performance obligations✅Determining and allocating transaction prices✅Recognizing revenue at the right timeThe discussion also coverskey complexities such as:🔹Bundled contracts and multi-element arrangements🔹Variable consideration and its impact on revenue🔹The role of professional judgment in revenue recognitionRevenue recognition isn’t just a technical accounting topic—it has adirect impact on financial statements, investment decisions, and business strategies. Whether you're anaccountant, investor, or business leader, understanding IFRS 15 is essential forinterpreting financial performance accurately.📌 Accounting & finance professionals preparing for theACCA SBR exam📌 Business leaders, CFOs, and financial analysts📌 Investors & stakeholders looking to decode financial statements🎧Tune in now to gain critical insights into revenue recognition under IFRS 15!Why This Matters: Who Should Listen?This content would be very useful if you are preparing for any accounting exam such as CPA, ACCA and CIMA.

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