Revenue Accounting - IFRS for SMEs - Section 23

Price:
R448.50 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS for SMEs
Lecturer:
Tristan David-Crewe White
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

Journeying into the income statement we must ask ourselves, is Section 23 Revenue affected by the new IFRS 15 Revenue standard?

Join us as we are set to get hands on with Revenue, by working our way through a broad range of mini-case-studies, addressing the practical application of recognition criteria, measurement calculations and accounting debits and credits.

We will look at the following revenue streams:

  1. Rendering of services,
  2. Sale of goods, - Construction contracts and - Passive income
  3. Identifying a revenue stream, with examples
  4. Recognition of each stream, with examples
  5. Measurement of revenue transactions, with examples
  6. Disclosure