Description

NZ IFRS 15: Contracts with Customers represents a major change in the standard setters’ approach to the process of revenue recognition.

This webinar is designed to introduce the five-step revenue recognition process described in the Standard:

•  Identify the contract with the customer 
•  Identify the performance obligations in the contract 
•  Determine the transaction price 
•  Allocate the transaction price 
•  Recognize revenue when a performance obligation is satisfied 

The session will also provide preparers with some practical tips to help in the transition.

LEARNING OUTCOMES

A better understanding of the new rules relating to the recognition of revenue.

SUITED TO

Accountants, Financial controllers and CFOs

PRESENTER

Nigel de Frere, Audit Partner, Staples Rodway