Booking Information
Once you have booked your course, you will receive an email with your booking confirmation. The steps you will need to follow to access your online course will arrive in a separate email within 48 hours of your order being processed
Please be aware that participants will have access to this course for 120 days from the date of receiving access via email notification
Course overview
Accurate revenue recognition is one of the biggest challenges for accountants, and having the right information to be able to forecast profitability is essential for senior management. It's a complicated area and recognising revenue at the wrong time, before contractual considerations and performance obligations have been met, can lead to misstatements, and managers and investors having the wrong information.
This course explores the key IFRS Accounting Standards that deal with income and revenue, including IFRS 15 Revenue from Contracts with Customers, IFRS 17 Insurance Contracts, IAS 20 Accounting for Government Grants and IAS 33 Earnings per Share. It covers the five-step model for revenue recognition, performance obligations, insurance contract portfolios, fulfilment cash flows, government grant conditions, deferred income, and the calculation and presentation of basic and diluted EPS.
You'll come away with a clearer understanding of how to recognise, measure, present and disclose income and revenue under IFRS. The course will help you apply the relevant standards with greater confidence, avoid common timing and classification errors, and support financial statements that give a more reliable picture of business performance.
This course will enable you to:
- Gain in depth knowledge of IFRS 15, IFRS 17, IAS 20 and IAS 33
- Recognise revenue from customer contracts at the right time
- Identify when performance obligations have been met
- Estimate the potential unearned profits from insurance contracts
- Select the right approach to recognise government grants
- Calculate basic and diluted earnings per share
Contact us
If you have any questions regarding this or any other CPD course or
requirements, please feel free to contact the team here or call us at (+353) 01 523 3930
Note for Legacy CPA Members
Members who joined Chartered Accountants Ireland following1 September 2024, please continue to book on the CPA Portal
here
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