037: Accounting for the sales of software licenses with subsequent updates
How to apply 5-step model of IFRS 15 to the licenses of intellectual property? Are there any special considerations? Learn here!
033: How to account for settlement discounts under IFRS 15?
Should you recognize settlement discount as a cost at the time when the payment is received? Or, should you adjust revenue? How? Learn here!
031: We rent apartments and supply utilities with rent. Are we agent or principal?
If you are using third-party supplies within your product or service, are you an agent or a principal? How should you recognize revenue in this case? Learn here!
How to Account for Customer Incentives under IFRS
Buy one, get one free… Discounts on future purchases… Coupons for free products… Loyalty points… Sounds familiar? Well, if you work in a company that sells some products or services to individuals or general public (not the other businesses), then you probably use some “carrots…
- About IFRS (12)
- Accounting estimates (IAS 8) (4)
- Accounting policies (2)
- Consolidation and Groups (18)
- Employees (6)
- FAQ (1)
- Financial Instruments (40)
- Financial Statements (19)
- Foreign currency (8)
- How To (17)
- IFRS Accounting (61)
- IFRS Summaries (27)
- IFRS videos (38)
- Impairment of assets (6)
- Income Tax (8)
- Intangible assets (7)
- Inventories (13)
- Leases (14)
- Most popular (6)
- Not just IFRS (7)
- Podcast (40)
- PPE (IAS 16 and related) (34)
- Provisions and Contingencies (5)
- Revenue recognition (18)
- Sectors&Industries (2)
- Uncategorized (2)
- US GAAP (2)