CONTABILITATE PENTRU REDUCERI ÎN CADRUL IFRS 15 VENITURI DIN CONTRACTELE CU CLIENȚII
ACCOUNTING FOR DISCOUNTS UNDER IFRS 15 REVENUE FROM CONTRACTS WITH CUSTOMERS
Author(s): Cristina Aurora Bunea-BontaşSubject(s): Economy
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: IFRS 15;revenue;discounts;transaction price;variable consideration;
Summary/Abstract: Revenue is an important indicator to users of financial statements in assessing an entitys financial performance. In may 2014, te International Accounting Standards Board issued IFRS 15 revenue from Contracts with Customers which supersedes IAS 18 Revenue and IAS 11 Construction contracts. It applies to all businesses reporting under IFRS for periods beginning on or after 1 January 2018. IFRS 15 specifies the requirements an entity must apply to measure and recognise revenue and the related cash flows. this article considers the application of IFRS 15 and the impact it has on determining the transaction price, especially in case of variable consideration.
Journal: REVISTA ECONOMIA CONTEMPORANĂ
- Issue Year: 3/2018
- Issue No: 2
- Page Range: 73-79
- Page Count: 7
- Language: English
