What are the common audit risks associated with IFRS 15?

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 ... Jan 6, 2016 ... ... IFRS 15 summary here: https://youtu.be/6d8NPrXKkx4 https://www.cpdbox.com/ ------ *Online IFRS course by Silvia, CPDbox: https://www.cpdbox.com/ ... IFRS 15 introduces a five-step model of revenue recognition, for common to all types of transactions, to all companies and industries. This article attempts to highlight the way in which this standard has, and may, affect the manner in which construction companies in Nigeria recognise revenue. The FRC considers there is still considerable scope for improving disclosures to meet the disclosure objective in IFRS 15. Oct 3, 2016 ... ❖ Adoption from FY15-16 in phased manner. ❖ IFRS 9 implemented. ❖ IFRS 15 announce for implementation FY15-16; withdrawn as. IASB postponed ... Jul 6, 2018 ... IFRS15 “Revenue”: This accounting standard increases IFRS revenue insofar as certain costs re-billed directly to clients are excluded from ... 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 ... ASC 606 and IFRS 15 are revenue recognition standards that affect all businesses that enter into contracts with customers to transfer goods or services. 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.