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IFRS-15

Revenue from
Contracts with
Customers

Instructor background

Introduction
The concept
of income
is cruicial
to the entities
financial performance and is half of determining and organisation's
profitability. The treatment of revenue is particularly important when
recognising income; revenue being income that is derived from an
organisation's everyday operating activities. Revenue recognition is a
hot topic as the amounts involved are often large and have significant
impact on the overall profitability or otherwise of an entity.
As well as helping you to make sound judgements in general on revenue
and revenue recognition, this course will also enable you
to apply the detailed rules in particular situations, such as accounting for
construction contracts.

Who should attend


The program is designed for busy executives and will focus on the
critical issues ahead of the forthcoming reporting season. This
seminar, no finance professional in the region can afford to miss:

Objectives
This seminar will enable you to:
* Understant the basic foundation of principles of how to deal with
income
* Consider how you need to recognise revenue and other forms of
income in the financial statement
* Understand the basics of IAS-11 on Construction Contracts to help
the transition when IFRS-15 replaces it

Hasan Ali Bukhari, ACCA, ACA Fin.

Hassan, a qualified ACCA Accountant from the Association of


Certified Chartered Accountants Pakistan, and ACA (Finalist) and is
emerging as the presenter on International Financial Reporting
Standards and International Standards on Auditing. Hassan has over
Seven years Practical & Teaching experience of delivering high level
financial reporting programs to audience in Pakistan. He has been
involved for training of Professionals across major cities of Pakistan
and trained over 400 professionals. Over three years he is helping
both large and medium sized organizations, from across the Pakistan
to train their staff in preparation for the implementation of IFRS and
ISA.
Delegates attending this seminar will be able to benefit from
Hassans considerable knowledge on the Subject.
Register me
In order to register for the seminar please complete
the form and return via email or fax to the contact
person.
Hurry and get the early bird discount! As this is an
interactive seminar, the number of seats in the
seminar is limited and early registration is advisable.
Registration fee
The registration fee for this seminar is Rs.
7,500/per participant
Early bird discount Rs. 500/per participant
will apply for those who register and pay before
8th December 2016

Course description
IASB and IFRIC project updates
IFRS 15 revenue from contracts with customers (including the
clarifications amendments)
Objective, Scope & Key Definations
Specific Considerations Apply to Revenue
How Should Revenue earned at a point in time or over a
point of time
5 Steps Approach recognising Revenue.
Variable Consideration under IFRS15
Industry Specific examples.
Impact of IFRS 15 over IAS 11

Group discount of Rs. 500 per participant will


apply to those companies when they register
three or more participants
The fee covers:

Full day program participation

Training material

Lunch and refreshments

Eight CPE/CPD credits per day

Training Methodology:

Interactive approach from sharing of experience &


knowladge & emphasis on discussion.
Use Examples to highlight practical aspects of
Learning

Confidential All Rights Reserved AEA Training Centre

IFRS-15 Seminar, 2016

Registration form
IFRS 15 Seminar

Voila Hotel, Bagatelle

MAURITIUS

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Registration fee

The registration fee for this course MUR 7,500


The fee covers:
Training material
Lunch and refreshments
Full day participation
8 CPE/CPD credits per day

Payments
An invoice with all payment details will be sent upon receipt of registration
form. Payment must be received in full prior to the commencement of
the course.

We accept cash, cheque or money transfer.For money transfer our account


details are as follows:

Account name:
Bank:
Account:
Branch

AEA CO. LTD


MCB Bank
000011664649
Sir William, Newton Street, Port Louis.

Invoice to be addressed to:


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Contacts
Register me

In order to register for the course please complete the form


and return via email or fax to the contact person .
MQA Approved

AEA Training Centre


First and Second Floor, Devi House 2, Dr.A Predreau Street,
Port Louis, Mauritius.
Tel: 208 0272
Fax: 211 3679
Email: sales2@aeaonline.intnet.mu, meghna@aeaonline.intnet.mu