IFRS: Accounting for & Presenting Revenue & Construction Contracts (IAS 18 & 11)
On Demand
Learning Objectives:
The continued globalization of accounting financial standards has significantly altered the landscape surrounding the accounting for and presentation of Revenue (IAS 18) and Construction Contracts (IAS 11). Compliance requires a sound understanding of theoretical knowledge supported by relevant hands-on experience. At the conclusion of this session you will be able to:
- Define the scope of Revenue under IAS 18.
- List the definitions utilized in IAS 18.
- Outline how Revenue is measured.
- Compare and contrast Revenue Recognition principles for the Sale of Goods, Rendering of Services, Interest, Royalties and Dividends.
- Define the disclosure requirements under IAS 18.
- Define the scope of Construction Contracts under IAS 11.
- List the definitions utilized in IAS 11.
- Outline the principles followed for the accounting of Construction Contracts under IAS 11.
- Define the disclosure requirements under IAS 11.
Delivery Method:
Self-Study
Program Level:
Intermediate
To receive CPE credit, NASBA requires that the final Examination be successfully completed within one year from the date of purchase.
- Instructor(s):
Timothy F. Gearty, CPA, MBA, JD - Format: On Demand
- Field of Study: Accounting
- Credits: 2
- Price: $150.00
- Prerequisites:
2 to 3 years of International Reporting experience or the successful completion of Becker Professional Education's International Financial Reporting courses: - International Financial Reporting Standards and the Impact on your Organization
- International Financial Reporting Standards and the impact on your Balance Sheet
- Understanding the Fundamental Concepts and Characteristics of International Financial Reporting Standards
- Advanced Preparation:
- Course Level: