The new 5-step revenue recognition model requires entities to assess and analyse their contracts with customers, as well as the entity’s business model to generate revenue.
In this Webinar we will consider various business models and contracts used in various industries, including the following:
• Real estate and construction
• Technology, media and telecommunications
• Professional services
Revenue recognition case studies will be discussed in relation to each of these industries.
Webinar Learning Outcomes:
At the end of this webinar, attendees will be able to explain the impact of different business models, including various contracts with customers, on the amount and timing revenue recognition in a number of different industries.
Preparers and auditors of financial reports.
Aletta Boshoff is an IFRS advisory specialist with over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta prides herself on her technical excellence, approachability, and the ability to solve problems practically. Aletta loves accounting and accounting standards, but she is also of the view that it's only when you try and apply that knowledge that you are really challenged and that it is only then that you fully appreciate the nuances of IFRS.
In particular, Aletta takes great pride in her ability to apply a wealth of technical expertise to real-world business situations. She works hard to ensure she is working with her clients, involving them at every step of the journey. She helps them to understand how she came to a recommendation, so that they can test any assumptions she has made and together they can come to the best IFRS solution possible.
Your webinar purchase includes:
• the PowerPoint slide deck as a PDF workbook
• any supporting documentation required
• access to stream the Webinar Recording multiple times
• an opportunity to ask questions.
The new accounting standard applicable from 1 January 2018 may change how you do business.