Ifrs 15 Discount Allocation Table

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www.cpdbox.com › ifrs-15-examplesIFRS 15 Examples: How IFRS 15 Affects Your Company - CPDbox ...

Feb 16, 2015 · Under IFRS 15, this is not permitted, as IFRS 15 requires allocating the transaction price to individual performance obligations. In this case, telecom operators must allocate total contract price between the revenue from the sale of handset and sale of monthly plan.
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www.cpdbox.com › ifrs-15-vs-ias-18IFRS 15 vs. IAS 18: Huge Change Is Here! - CPDbox - Making ...

Jun 05, 2014 · IFRS 15.81 continues: “In certain circumstances, it may be appropriate to allocate such a discount to some but not all of the performance obligations.” – so yes, it might be OK to allocate this discount just to 1 obligation, for example to mobile phone sale.
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www.soa.org › globalassets › assetsIFRS 17: Implications for Onerous Contracts

Table 1 summarizes the latest IASB proposals on the treatment of the pro˚table and onerous contracts for UCs and RCHs under the general measurement model (GMM). This article discusses the key IFRS 17 requirements of the ac-counting for onerous contracts, with an illustrative example to demonstrate the systematic allocation requirement for the UCs.
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www.accountinghub-online.com › revenue-recognitionRevenue Recognition, The Five Steps Approach under IFRS 15 ...

This is the last step of revenue recognition under IFRS 15. As you can see from the table in step 4 above, the revenue recognition shall be split between the internet service fee and wifi router. Under IFRS 15, wifi router is not considered as free. Thus, ABC Co shall need to recognize revenue as follow:
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www.bdo.global › getmedia › 391585bf-68f4-40bf-bf74IFRS IN PRACTICE 2020-2021 - BDO Global

model (IFRS 16) • An investor’s interest in the following entities for which the entity accounts for its interest in accordance with the equity method under IAS 28 (2011): – Associates (IAS 28(2011)) – Joint ventures (IFRS 11). • Costs to obtain or fulfil a contract (IFRS 15), after the impairment requirements of IFRS 15.101-103 have
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www.iasplus.com › en › standardsIFRS for Small and Medium-Sized Entities (IFRS for SMEs)

Jun 24, 2004 · On 9 July 2009, the IASB issued the IFRS for SMEs. This is the first set of international accounting requirements developed specifically for small and medium-sized entities (SMEs). It has been prepared on IFRS foundations but is a stand-alone product that is separate from the full set of International Financial Reporting Standards (IFRSs).
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ifrscommunity.com › knowledge-base › valuationValuation Techniques (IFRS 13) – IFRScommunity.com

IFRS 13 focuses on discount rate adjustment technique and expected cash flow technique, but this does not limit the use of other techniques (IFRS 13.B12). In general, present value techniques discount estimated future cash flows to a present amount using an appropriate discount rate.
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