How is revenue recognized from virtual goods and subscriptions in online games?

The paper addresses a specific issue related to the adoption of IFRS 15, Revenue from. Contracts with Customers. This paper is not intended to provide ... and rewards when it concerns revenue recognition, IFRS 15 shifts the focus to control. With the concept of control pervasively grounded in the new five-step ... International Financial Reporting Standards ... IFRS 15 — Revenue from Contracts with Customers ... You must log in to view this content and have a subscription ... Dec 4, 2024 ... Ferreira, A. (2020). The Impact of IFRS 15 on the Telecommunications SectorThe Case of Portuguese and Spanish Listed Companies. Abstract. Purpose. To verify the effects of the mandatory nature of the new rule on revenue recognition on the quality of accruals and earnings management ... Topic 606, together with the IASB's IFRS 15, Revenue from Contracts with Customers, completed a joint effort by the FASB and the IASB to improve financial ... Jul 20, 2016 ... The European Securities and Markets Authority (ESMA) is issuing this Public Statement on the implementation of IFRS 15 in order to promote ... IFRS 15 provides a robust framework for revenue recognition that emphasizes the transfer of control of goods and services to customers at amounts reflecting ... Jan 9, 2018 ... Bisera Grubesic. Thank you, operator. Good morning, everybody, and welcome to our conference call regarding the adoption of IFRS 15 and 16 ... Nov 1, 2022 ... When IFRS 15 Revenue from Contracts with Customers came into effect in 2018, the global economy looked very different.