IFRS 15 - Revenue Recognition Standard - Changes and Challenges 2.5 Credits
Learning mode
The objective of IFRS 15 is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer.
IFRS 15 is aimed to bring consistency in reporting across industries and ensure relevant information is available to users making the decision.
The core principle of IFRS 15 is that an entity will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.
This core principle is delivered in a five-step model:
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| License details | Credits | Status |
|---|---|---|
| Accounting for Certified Public Accountants (CPA-US) | 2.5 CPE | Approved |
| Financial Accounting for Certified Internal Auditors (CIA) | 2.5 CPE | Eligible |
| Financial Reporting for Certified Management Accountants (CMA) | 2.5 CPE | Eligible |
| Financial Reporting for Accredited in Business Valuation (ABV) | 2.5 CPD | Eligible |
| Accounting for Certified Fraud Examiner (CFE) | 2.5 CPE | Eligible |
| Accounting for Chartered Financial Analyst (CFA) | 2.5 PL | Eligible |
| Accounting for Certified Government Financial Manager (CGFM) | 2.5 CPE | Eligible |
| Accounting for Internal Audit Practitioner (IAP) | 2.5 CPE | Eligible |
| Financial Reporting for Certified Financial Forensics (CFF) | 2.5 CPD | Eligible |
| Financial accounting for Certified Valuation Analyst (CVA) | 2.5 CPE | Eligible |
| Accounting for Qualification in Internal Audit Leadership (QIAL) | 2.5 CPE | Eligible |
| Financial accounting concepts for Certified FP&A Professional (FP&A) | 2.5 CE | Eligible |
| Accounting for CIPM | 2.5 PL | Eligible |
| Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) | 2.5 CPE | Eligible |
Credits
2.5
Course Level
Basic
Instructional Method
QAS Self Study
Group Internet Based
Pre-requisites
None
Advance Preparation
None
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Energetic, ambitious and Result-oriented professional, offering +15 years of extensive experience in Management, operations, Finance, Audit, Risk management, marketing and Customer experience.
Manish has hands-on experience in Monthly Reporting and Pnl Analysis, Budgeting and strategic planning.
Passionate for learning and development, thinking in innovative and non-traditional ways, Manish is your business partner for growth.
Manish is experienced with leading projects for change. He has led ERP implementation for 16 hotels in Htoo Group.
Manish is focused, display positive attitude and Topline growth approach towards business problems. He believes in efficiencies and lean management.
He is also on his Entrepreneurial journey and founded https://ehotelmanagementschool.com for sharing knowledge and experience via online classes and sessions. Startup also help small hotels and other startups with finance and management consulting.
What is Self Study (QAS)?
Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.
How do I earn CPE credits through self-study?
To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.
Are the self-study courses approved by NASBA and other regulatory bodies?
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What are the requirements to maintain compliance with self-study courses?
To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.
How can I access my course completion certificates?
After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
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Inclusions
Multiple Credits
Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.
Certifications & Reporting
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.
Credit Tracker
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Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.
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