How does IFRS 15 address the accounting for non-fungible tokens (NFTs)?

Feb 15, 2018 ... The actual IFRS 15 impacts may differ from the estimates when adopting the standard as of 1st January 2018. The Company has not finalised the re ... It sets the principles for reporting the information about the revenues about: It describes the five-step model for revenue recognition and provides guidance ... Jan 21, 2019 ... In this article we will look more closely at what it means for an asset to have 'no alternative use' when dealing with a contract for the sale of a single ... The objective of IFRS 15 is to establish the principles that an entity shall apply to report useful information to users of financial statements about the ... Jan 29, 2025 ... Mayer, A., Larsen, H.H., Consequences of the Implementation of IFRS 15 Revenue from Contracts with Customers on Accounting Qu ality ... Top 10 differences between IFRS 15 and ASC Topic 606 for revenue recognition. The IASB has amended IFRS 15 to clarify the guidance on identifying performance obligations, licences of IP and principal versus agent. Oct 3, 2016 ... ❖ Adoption from FY15-16 in phased manner. ❖ IFRS 9 implemented. ❖ IFRS 15 announce for implementation FY15-16; withdrawn as. IASB postponed ... Feb 7, 2025 ... This article explores IFRS 15 and its practical applications within construction companies, offering insights into how key principles are implemented in ... Applying IFRS 15, an entity recognises revenue to depict the transfer of promised goods or services to the customer in an amount that reflects the consideration ...