Are the principles of IAS 37 Provisions, Contingent Liabilities and Contingent Assets applicable to onerous customer contracts?

Top 10 differences between IFRS 15 and ASC Topic 606 for revenue recognition. Dec 4, 2024 ... Ferreira, A. (2020). The Impact of IFRS 15 on the Telecommunications SectorThe Case of Portuguese and Spanish Listed Companies. We highlight changes for the real estate industry in guidance on when to recognize revenue arising from contracts with customers. The core principle of IFRS 15 is that revenue is recognised when the goods or services are transferred to the customer, at the transaction price. Revenue is ... Jun 23, 2022 ... For the disclosure of IFRS 15, it is stated that an entity should disclose all types of information to enable the users of financial statements ... IFRS 15 ... IFRS 15 is an International Financial Reporting Standard (IFRS) promulgated by the International Accounting Standards Board (IASB) providing guidance ... Jun 9, 2023 ... IFRS 15 introduces enhanced disclosure requirements to provide users of financial statements with more information about revenue recognition. Other Standards have made minor consequential amendments to IFRS 15, including. IFRS 16 Leases (issued January 2016) and Amendments to References to the ... Our handbook will help you interpret and apply IFRS 15 to your revenue-related transactions in this fast-changing world. Clarifications to IFRS 15 Revenue from Contracts with Customers is issued by the International Accounting. Standards Board® (the Board). Disclaimer: the Board, ...