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Centennial 2010
  • Location:


Competency: Accounting
Seminar Code: 01379
Format: Full Day
CPD Hours: 7
Availability: This seminar occurs in the past. To view other offerings of this seminar, go to "Additional Offerings"

Register before Feb 02, 2018 and pay the early fee!
Date: Friday, Feb 16, 2018
Time: 8:30 AM-4:00 PM
Location: Hotel Blackfoot
5940 Blackfoot Trail SE
Calgary, Alberta
Meeting Room: Ballroom
Fee Options: Tickets Required: N/A
(Passport Tickets can only by used 14 days prior to seminar start date)
Fee Required: $550.00 - Early Member
$550.00 - Early Non-Member
$630.00 - Regular Member
$630.00 - Regular Non-Member
Seminar Description: The objectives of this full-day seminar are to provide participants with an understanding of the new five-step revenue recognition framework under the new standard used to determine when and the amount of revenue to recognize.

This seminar also provides:

- How the new framework may change prior revenue recognition for certain transactions and in certain industries and an understanding of key estimates and judgments required in applying the standard

- The application guidance in the standard on various topics such as warranties, licenses, capitalization of costs of obtaining and fulfilling a contract, contract modifications etc.

- The new qualitative and quantitative disclosure requirements and the standard’s transitional requirements

Participants should read IFRS 15, Revenue from Contracts with Customers in advance of the seminar.
Seminar Outline:
  • Step Model Framework, including how to apply it
  • Step 1- Identify the contract with a customer
  • Step 2- Identifying the performance obligations
  • Step 3- Determine the transaction price
  • Step 4- Allocate the transaction price
  • Step 5- Recognize revenue
  • Other application guidance
  • Disclosure and Presentation requirements
  • Overview and scope, including transitional requirements
Pre-requisite: There are no prerequisites for this course.
Who Will Benefit: Supervisor, partner, financial analyst, controller responsible for revenue recognition and the accounting thereof
Seminar Leader(s): DAHM, Patricia
Special Notes:
Additional Offerings:
CityDateTimeSeminar Leader 
Mar 31, 2018 08:30 am-04:30 pm
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