Скачать или смотреть The Rule Everyone Gets Wrong!! — IFRS 15 Contract Modifications EXPLAINED

Unlock a complete and practical understanding of IFRS 15 Contract Modifications in this detailed, easy-to-follow breakdown. Whether you're an accounting student, finance professional, auditor, ACCA/CPA candidate, or someone dealing with revenue recognition in real business settings — this video gives you everything you need.

In this deep-dive, we explain:
✔ What counts as a contract modification under IFRS 15
✔ How to evaluate changes in scope and price
✔ Whether a modification should be treated as a separate contract or as part of the existing contract
✔ The three core paths:
 • Modification treated as a separate contract
 • Modification accounted for as a termination + new contract
 • Modification treated as a cumulative catch-up adjustment (prospective vs retrospective effects)
✔ Real-world examples from construction, software licensing, telecom, and long-term service contracts
✔ Step-by-step logic used by auditors and revenue teams
✔ How companies misapply these rules — and how to avoid common mistakes
✔ Practical insights for exam preparation (ACCA, CA, CPA, CFA), financial reporting, and professional work.

This explanation is based strictly on IFRS 15 Revenue from Contracts with Customers and includes practical illustrations, logic flows, and simple interpretive techniques to help you apply the standard correctly.

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