Accounting Standard Lectures - IFRS15 Revenue from Contracts with Customers

In this Video, Nhyira Premium teaches the principles of Accounting Standard Lectures - IFRS 15 Revenue from Contracts with Customers. He also explained the FIVE STEP MODEL FRAMEWORK for recognizing revenue in the Financial Statements

#NhyiraPremium #ACCA #IFRS15

Hello business leader, this is our weekly release by Nhyira Premium, to get the best out of our videos and study more, enrol in any of our Online Courses using this link

Online Courses:

Nhyira Premium is a Trained and Certified Lecturer with many years of experience both in the Corporate World and the Education Industry. He is the Managing Partner at Premium Education Hub, LLC, the Creator of NHYIRAPREMIUMUNIVERISTY.COM, a published Author of eleven (11) Business Books based on the ACCA - UK & ICAG professional qualification examination syllabi.

Online Courses:

#NhyiraPremium #accountancy #charteredaccountant

LListen to NHYIRA PREMIUM on iTunes:

Please note that all materials in this video are from the books of Nhyira Premium and you can check them here
WANT TO OWN NHYIRA'S BOOKS?

Blog: Website for business leaders:
Facebook page:

Call us 0548769918/0501149296

[NhyiraPremium]

Thank you for watching this video.
Become a VIP Member by Subscribing To My Channel


Check out these playlists also,

Management Accounting

Financial Management

Public Sector Accounting and Finance

Financial Reporting / Corporate Reporting

Strategic Case Study

[augustinesamuelbangura]

thank you very much really helpful sir pray for more grace to continue sir

[djphantomgh]

Thank you very much Sir..But with the 1st Illustration, the amount to be transferred to the Contract account is $24 instead of $12. Kindly check that well

[mr_blark]

Sir, please do you always have to put up the schedule when dealing with the allocation of the transaction price?

[annieagbana]

sir please i dont understand why you debited receivable a/c by $100 in your first example. can you please elaborate a bit on that for me. but by the way i enjoyed you session. thank you

[yanxxnick]

Please make video on Ifrs 16 leasing... I have FR exam in 2 days

[yesideadeyemi]

Could not see what was written on the board

[oto-obongrobert]

Excellent lecture! Kindly improve upon the writing on the white board. It's not eligible. Thank you.

[johnsonlau]

If entity sell to customer product X for $1500 and grant and option to purchase product Y for 750. Product Y is sold seperate by entity for $1050. this option to purchase Y provide discount $300, Normally returning customer (not buying product X) received discount $75. Entity is estimate the likehood that customer will exercise this option is 80%. HOW TO ACCOUNTED THE REVENUE FOR ENTITY?

[jerrybengesi]

There soo many things u have overlooked or I may say no critical explanation that can make a person going through ur vedio will help him or her example the wht does it mean when one says a good or services or bundle of good or services, series of distinct good or services that are substantiality the same and have the same parten of transfer, and more clarification is the problem u look like u have cramming from vedios of other tutorials