Mastering IFRS-15: Revenue Recognition Simplified
What you'll learn
- Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition,
- Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15
- Analyze and Implement Disclosure Requirements: Master the disclosure requirements under IFRS 15, including how to present revenue information in financial state
- revenue streams. Navigate Complex Contract Scenarios: Develop the ability to handle complex contract scenarios, such as variable consideration,
Requirements
- Accounting knowledge
Description
Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
Analyze and Implement Disclosure Requirements: Master the disclosure requirements under IFRS 15, including how to present revenue information in financial statements and footnotes to provide transparency and insight into revenue streams.
Navigate Complex Contract Scenarios: Develop the ability to handle complex contract scenarios, such as variable consideration, significant financing components, and contract modifications, ensuring accurate and compliant revenue reporting.
Understand the Core Principles of IFRS 15: Learn the fundamental principles of IFRS 15, including the five-step model for revenue recognition, and how it differs from previous standards.
Apply the Five-Step Revenue Recognition Model: Gain practical skills in applying the five-step model of IFRS 15 to various types of contracts, including identifying performance obligations, determining transaction prices, and recognizing revenue over time or at a point in time.
Analyze and Implement Disclosure Requirements
Who this course is for:
- Accounting professionals and Auditors
- Financial Analysts
- Corporate finance teams
- Students and educators
Instructor
- 3.9 Instructor Rating
- 25 Reviews
- 1,571 Students
- 4 Courses
I am Priyanka Verma, a Chartered Accountant with a deep-seated passion for the world of finance and accounting, complemented by a dedication to education. With 15 years under my belt—10 of which are rooted in industry experience and an additional five focused on teaching—I've cultivated a rich professional journey that spans both practice and pedagogy.
My industry journey has been marked by a commitment to excellence, navigating complex financial landscapes with ease, and offering strategic solutions to fiscal challenges. From meticulous auditing to strategic tax planning, my work has not only underscored my expertise but also my reliability and innovative approach in the field.
Transitioning part of my focus towards education, I embraced the role of a mentor and educator. This transition was driven by my belief in the transformative power of knowledge. In the classroom, I strive to bridge theory and practice, making complex concepts both accessible and engaging. My teaching philosophy is rooted in clarity, practical insights, and a deep desire to empower my students with the skills they need to thrive in finance.
My goal-driven nature is complemented by an adeptness in strategic planning, which has been a guiding light both in my professional achievements and in my approach to teaching. I am deeply invested in the success of my students, aiming to impact their lives positively and pave the way for their future successes.
Beyond my professional and teaching roles, I am an active contributor to financial journals and blogs, sharing insights on the latest trends, challenges, and innovations in accounting and finance. This aspect of my career reflects my commitment to continuous learning and development, as well as my desire to contribute meaningfully to the broader community.
In essence, my journey is one of balancing the precision and rigor of finance with the human-centric field of education, embodying both the roles of a respected industry professional and an inspiring educator. My story is one of dedication to my profession, to my students, and to the ever-evolving world of finance and accounting.