What are the accounting requirements for contract modifications?

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 ... Jul 20, 2018 ... Fitch Ratings says the application of IFRS 15 'Revenue from Contracts with Customers' accounting standard has resulted in stronger margins for many EMEA ... 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 ... Dec 1, 2024 ... The primary aim of IFRS 15 is to create a single source of guidance for public, private, and non-profit entities to follow when reporting their ... Here, we summarise the following five steps of revenue recognition and illustrative practical application for the most common scenarios. 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 ... Dec 13, 2024 ... NZ IFRS 15 ... Establishes principles to be applied in reporting information about the nature, amount, timing and uncertainty of revenue and cash ... We highlight changes for the real estate industry in guidance on when to recognize revenue arising from contracts with customers. 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 ... The new IFRS rules will be applicable for periods beginning on or after 1 January 2018. Here we look at the question of whether it's possible to avoid ...