events | 29 October 2020

The 5 Steps to Revenue Recognition

IFRS 15 Revenue from Contracts with Customers introduced the new five step model for revenue recognition and the standard brings with it new areas where key new estimates and judgements are required.

Course Description:

In this IFRS Series session we shall be discussing the provisions of this revenue standard, answering questions such as what is a performance obligation and how to identify it, how to determine the transaction price and whether revenue shall be recognised at a point in time or over a period of time.

Target Audience:

The session is aimed for accounting professionals and financial controllers.

Learning Outcomes:

By the end of the session participants would be knowledgeable on the requirements of the 5-step model under IFRS 15.

Prerequisites:

Basic knowledge on financial reporting is recommended.

CPE Hours: This course qualifies for 2 hours of structured CPE which can be classified as Core Competency. A certificate of attendance will be provided at the end of the session.

Kindly note that this session entitles the attendee to 2 KPMG Loyalty Rewards. After collecting 60 Loyalty Rewards, attendees will be entitled to a free CPE session of their choosing. Visit our Loyalty Rewards page to learn more.

Moreover, for every three courses booked from our KPMG Learning Suites, attendees receive a discount voucher of 40% to be redeemed on their next course purchased from any Learning Suite!


Cooperation Partners
  • Malta Employers' Associations
  • Malta Association of Credit Management