AASB 15 Revenue from Contracts with Customers - eLearning
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This module provides you with basic information and provides foundation knowledge of the principles of the AASB 15 Revenue from Contracts with Customers.
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Topics covered in the e-learning:
- Step 1
- Step 2
- Step 3
- Step 4
- Step 5
- Final quiz
Upon satisfactory completion of this activity, you will be able to:
- Decide if the item of income is in the scope of the standard.
- Identify the contract with the customer.
- Identify the performance obligations in the contract.
- Allocate the transaction price and define the revenue recognition pattern.
Obtain a basic understanding of the principles of AASB 15 Revenue from Contracts with Customers.
Sub-Topic: Financial Reporting
Proficiency Level: Foundation
CPD: Upto 1.5 hours