What are some potential future developments or amendments to IFRS 15 that might be considered?

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Effective January 1, 2018, Kinaxis adopted IFRS 15, which impacts the revenue recognition of subscription agreements where the software is delivered on-premise. 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 ... Feb 20, 2020 ... Corresponding with IPSASB Exposure Draft 70, Revenue with Performance Obligations, this table of concordance compares paragraphs in IFRS 15, ... 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 ... IFRS 15 sets out a single and comprehensive framework for revenue recognition, The guidance in IFRS 15 is considerably more detailed than existing IFRSs for ... Apr 26, 2017 ... Excluding the impact of IFRS 15, the revision of the sales system for the Consumer Products Business in Japan and the effect of currency ... Nov 25, 2024 ... IFRS 15: Everything you need to know about the post-implementation review (PIR) · No change to the rules on the timing of revenue recognition. Viewpoints: Impact of IFRS 15, revenue from contracts with customers (Mining) · Understanding the arrangement and identifying customer(s): How should a mining ... Jan 26, 2024 ... This in-depth guide explains all the major distinctions between ASC 606 and IFRS 15 and explores their significance so businesses can move forward confidently. This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and ...
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