IFRS 15: Revenue from Contracts with Customers
Five-step model for revenue recognition: identify the contract, identify the performance obligations, determine the transaction price, allocate to performance obligations, recognize as obligations are satisfied.
Pourquoi IFRS 15 est important
Revenue is a presumed fraud risk under CAS 240. IFRS 15 application memos for non-trivial contracts are mandatory reading for the audit.
Référentiel: International Financial Reporting Standards (IFRS)
IFRS are issued by the IFRS Foundation and used by Canadian publicly accountable enterprises as required by Part I of the CPA Canada Handbook. Auditors test whether the financial statements comply with IFRS as issued by the IASB.
Source principale: IFRS Foundation
Questions fréquentes
Qu'est-ce que IFRS 15 ?
Five-step model for revenue recognition: identify the contract, identify the performance obligations, determine the transaction price, allocate to performance obligations, recognize as obligations are satisfied.
Pourquoi IFRS 15 est-il important pour un audit ?
Revenue is a presumed fraud risk under CAS 240. IFRS 15 application memos for non-trivial contracts are mandatory reading for the audit.
À quel référentiel appartient IFRS 15 ?
IFRS 15 relève de : International Financial Reporting Standards (IFRS). IFRS are issued by the IFRS Foundation and used by Canadian publicly accountable enterprises as required by Part I of the CPA Canada Handbook. Auditors test whether the financial statements comply with IFRS as issued by the IASB.
Normes connexes — International Financial Reporting Standards (IFRS)
Voyez comment Auditus vérifie IFRS 15
Auditus.ai exécute des mandats PCAOB, ISA et NCA de bout en bout et cite la norme exacte derrière chaque constatation, y compris IFRS 15.