What are the challenges in determining standalone selling prices for bundled items?

Jul 6, 2018 ... IFRS15 “Revenue”: This accounting standard increases IFRS revenue insofar as certain costs re-billed directly to clients are excluded from ... ASC 606 and IFRS 15 are revenue recognition standards that affect all businesses that enter into contracts with customers to transfer goods or services. Monetize new revenue streams without prolonging your close · Seamlessly launch discounts, free trials and bundles. Immediately recognize revenue from any ... The IASB has amended IFRS 15 to clarify the guidance on identifying performance obligations, licences of IP and principal versus agent. IFRS 15: Revenue from Contracts with Customers ... The standard applies to all types of contracts with customers in all industries (subject to certain scoping ... Nov 1, 2022 ... When IFRS 15 Revenue from Contracts with Customers came into effect in 2018, the global economy looked very different. 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 ... IFRS 15 ... IFRS 15 is an International Financial Reporting Standard (IFRS) promulgated by the International Accounting Standards Board (IASB) providing guidance ... PPA: Accuracy of projections; IFRS15: Learning IFRS 15; AdCPC47: Mandatory adoption of CPC 47; ESTIM: Estimates; SIZ: Company size; ROA: Return on Assets ... In this article, we unpack everything about IFRS 15 to help you understand exactly what it is and how to apply it to your financial reporting.