ACCA | IFRS 15 Revenue From Contracts with Customer | By Sukhpreet Monga

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In this comprehensive video, we explore IFRS 15: Revenue from Contracts with Customers as part of the ACCA curriculum. IFRS 15 is a critical standard in accounting that addresses how and when to recognize revenue from contracts with customers.

🎓What You Will Learn:
🔹An overview of IFRS 15 and its importance in financial reporting.
🔹Key principles of revenue recognition under IFRS 15.
🔹The five-step model for revenue recognition.
🔹Practical examples to illustrate the application of IFRS 15.
🔹Common challenges and how to overcome them.

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