What does it mean for control of a good or service to transfer to the customer?

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 ... Jul 6, 2015 ... On July 3, 2015, the JICPA submitted comments on the Exposure Draft“Effective Date of IFRS 15 (Proposed amendments to IFRS 15)”JICPA's ... Jul 20, 2017 ... Listen to this episode from IFRS Talks - PwC's Global IFRS podcast on Spotify. Mar 15, 2018 ... 2017 IFRS 15 figures are preliminary and as processes and procedures are further embedded during 2018 it is possible that some changes may ... Feb 7, 2025 ... This article explores IFRS 15 and its practical applications within construction companies, offering insights into how key principles are implemented in ... It provides a standardized framework for revenue recognition, ensuring consistency and comparability across industries. Under ASC 606, revenue is recognized ... IFRS 15 Revenue from Contracts with Customers is applied by HM Treasury in the. Government Financial Reporting Manual (FReM) from 2018-19. Early adoption is not ... 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 ... 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 ... IFRS 15 Revenue from Contracts with Customers provides a single, principles-based five-step model that should be applied to determine how and when to recognise ...