HKFRS 15 establishes the principles that an entity applies when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows from a contract with a customer. When applying HKFRS 15, an entity recognizes revenue to illustrate the transfer of promised goods or services to the customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

 

This webinar aims to revisit the requirements on some commonly encountered application issues under HKFRS 15 with practical examples including: