Learning Objectives
Revenue is the most important item in measuring business performance, it is discussed in detail in the financial reporting standard TFRS 15. The purpose of this training is to introduce the general approach in TFRS 15 and to provide examples of topics covered by the standard.
Content
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Five-step process for revenue recognition
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Long term payment terms, quantity discount
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Multiple performance obligations
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Sales returns and discounts, consignment sales, warranties
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Changes to the contract
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Changes to the contract
Price (TL): 400 + VAT
340 + VAT for participation between 4 and 6 people
300 + VAT for participation between 7 and 9 people
260 + VAT for participation over 10 people