
In this episode, we take a deep dive intoIFRS 15 – Revenue Recognition, unpacking thefive-step framework that governs how companies should recognize revenue under the International Financial Reporting Standards.
Listeners will gain aclear and practical understanding of:
✅Identifying contracts and performance obligations
✅Determining and allocating transaction prices
✅Recognizing revenue at the right time
The discussion also coverskey complexities such as:
🔹Bundled contracts and multi-element arrangements
🔹Variable consideration and its impact on revenue
🔹The role of professional judgment in revenue recognition
Revenue recognition isn’t just a technical accounting topic—it has adirect impact on financial statements, investment decisions, and business strategies. Whether you're anaccountant, investor, or business leader, understanding IFRS 15 is essential forinterpreting financial performance accurately.
📌 Accounting & finance professionals preparing for theACCA SBR exam
📌 Business leaders, CFOs, and financial analysts
📌 Investors & stakeholders looking to decode financial statements
🎧Tune in now to gain critical insights into revenue recognition under IFRS 15!
Why This Matters: Who Should Listen?
This content would be very useful if you are preparing for any accounting exam such as CPA, ACCA and CIMA.