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IFRS 15 Revenue Recognition: Applying the 5 Steps Model

10 October 2019 (Thursday)

“The new revenue recognition standard, IFRS 15 - Revenue from Contracts with Customers, was effective for annual reporting periods beginning on January 1, 2018. This new standard drastically changed the way companies recognize revenue by combining standards IAS11 - Construction Contracts, IAS 18 – Revenue, and other IFRICs into a single joint revenue standard to be applied across all industries and all contracts with customers.
In this upcoming webinar entitled “IFRS 15 Revenue Recognition: Applying the 5 Steps Model”, you will gain an in-depth understanding of the core principle of IFRS 15 which is delivered in a five-step model framework. Also, you will learn how to analyze each contract with your customers and formulate a conclusion on how to recognize revenue from satisfying performance obligations at one point in time or over a period of time.”

Presented by
Maroun E. Zgheib

Partner

Mr. Maroun Zgheib is a Partner with Meirc Training & Consulting. He is a graduate in finance from the Lebanese University, a holder of an MBA from the IE Business School in Madrid, Spain and a certified public accountant (CPA) licensed by the New Hampshire Board of Accountancy. Maroun is a CFA® charterholder, holds a diploma in international financial reporting standards (IFRS) from the Association of Certified Chartered Accountants and has completed the eXtensible business reporting language (XRBL) certification exam.

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