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Courses/Accounting & Tax/IFRS

IFRS 15: Revenue from Contracts with Customers

This standard impacts every company and is foundational to your financial reporting.

Created byTess Ng
IntermediateUpdated Apr 12, 2025
IFRS 15: Revenue from Contracts with Customers

What You'll Learn

check_circleList the elements of the five-step framework.
check_circleUnderstand what contracts fall within the scope of IFRS 15.
check_circleLearn how to identify performance obligations.
check_circleIdentify inputs for calculation of transaction prices.
check_circleAllocate transaction prices to performance obligations.

About This Course

This course provides a comprehensive overview of IFRS 15, the international standard for revenue recognition. IFRS 15 establishes the principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows from contracts with customers. It replaces earlier standards, including IAS 18, and has become the central framework for revenue recognition in financial reporting across industries.

Participants will gain a clear understanding of how IFRS 15 differs from previous standards and how it can significantly change the way organizations recognize revenue—often in ways that are unexpected. This course is essential for accounting professionals who want to ensure compliance, improve reporting accuracy, and better communicate financial performance under the IFRS 15 model.

Your Instructor

Tess Ng
Tess Ng

Finance Educator

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star2,809 reviews

As a senior finance professional with extensive corporate reporting experience and over a decade of financial reporting and accounting experience, Tess has led the implementation of numerous complex accounting standards, including the full implementation of IFRS for a large public corporation. Her accounting experience encompasses a broad range of areas including: internal controls over financial reporting, consolidation, M&A and equity accounting, foreign currency hedging, process improvement, Canadian and U.S. taxation, not-for-profit reporting, and audit. Throughout her career, Tess has also led a variety of training sessions ranging from accounting and regulatory standards to personal finance.

Credit Information

What Students Are Saying

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277 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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