How does IFRS 15 address the practical expedient of not restating prior periods fully?

Adherence to IFRS 15 is an important, ongoing obligation for CFOs across the global economy. A wide variety of businesses can enhance compliance, reporting and ... This guide is intended to provide an overview of applying IFRS 15 within the travel, hospitality and leisure sector. The guidance provided here is not intended ... 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 ... Date: 16, 22, 29 September 2020 at 2.00-5.00 pm. Objective. Financial instruments (IFRS 9) such as trade receivables and investments in marketable ... 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 ... Viewpoints: Impact of IFRS 15, revenue from contracts with customers (Mining) · Understanding the arrangement and identifying customer(s): How should a mining ... Jul 30, 2018 ... IFRS 15 – a new standard on revenue recognition. ▫ IFRS 15 'Revenue from Contracts with Customers' is applicable as of 1 January 2018 and ... IFRS 15 is the 'revenue from contracts with customers' standard and is to be applied as of 1 January 2018, though early application is permitted. The ... Monetize new revenue streams without prolonging your close · Seamlessly launch discounts, free trials and bundles. Immediately recognize revenue from any ... IFRS 15 provides a robust framework for revenue recognition that emphasizes the transfer of control of goods and services to customers at amounts reflecting ...