2017年6月技术文章revenue revisited-f7

考官文章解读《RevenueRevisitedOn28May2014,ernationalAccountingStandardsBoard(IASB),asaresultoftheprojectwiththeUS lAccountingStandardsBoard(FASB),edIFRS15,.Applicationofthe考官文章解读《RevenueRevisitedOn28May2014,ernationalAccountingStandardsBoard(IASB),asaresultoftheprojectwiththeUS lAccountingStandardsBoard(FASB),edIFRS15,.Applicationofthestandardismandatoryforannualreportingstartingfrom1January2017onward(thoughthereiscurrentlyaJanuary2018)andearrapplicationisaltodeferthisdatetoInlineCCA’sestablishedrule,accountingstandardsedby1Septemberinayearareexaminablefrom1hefollowingyear,soIFRS15willbeexaminableinfromtheSeptember2015.ThisarticleconsiderstheapplicationofIFRS15,thefive-step.ThenewsomesignificantchangessoyoushouldtethelatesteditionsofallstudyHistorically,therehasbeenasignificantdivergenceinpracticeovertherecognitionofmainlyernational lReportingStandardsecontainedguidanceincertainareas.Theoriginalstandard,IAS18,wasedin1982oday’scorporatesignificantin1993,however,IAS18wasnotfitfor astheguidanceavailablewasdifficulttoapplytomanycompaniesappdUSGAAPwhenitsuitedtheirions.TheresulttUsersoftenfounditdifficulttounderstandthejudgmentsandestimatesmadebyanentityrecognisingrevenue,partlybecauseofthelate’natureofthedisclosures.Asaresultthevaryingrecognition,thenatureandextentoftheimpactofthenewstandardvarynentitiesandindustries.Formanyions,suchasthoseinretail,thestandardelittleeffectbuttherecouldbesignificantchangetocurrentpracticeaccountingforlong-termandmultiple-elementIFRS15thefollowingstandards IAS11,IAS18,IFRIC13,IFRIC15,sIFRIC18, OneeffectofthisfortheACCAexamstopicintconstructioncontractsarenolongeranThecoreprincipleofIFRSIFRIC18, OneeffectofthisfortheACCAexamstopicintconstructioncontractsarenolongeranThecoreprincipleofIFRS15tanentityshallrecogniserevenuefromthetransferpromisedgoodortocustomersatantreflectstheconsiderationtotheentityexpectstobeentitledinexchangeforthosegoodsand.Theafive-stepfortherecognitionofThefive-stepvenueearnedfromacontractcustomerwithexceptions,regardlessofthetypeofrevenueionortheStephefive-steprequirestheidentificationofthecontractwiththeContractsmaybeindifferentforms(written,verbalorimpd),butmustbee lsubstanceandbeapprovedbythepartiestothecontract.Theappsttheentityetothepaymenttermsforthegoodsorareidentifiedanditiscollecttheconsideration.Eachparty’srightsinrelationtothegoodsorcapableofidentification.Ifacontractcustomerdoesnotmeetthesecriteria,theentitycontinuallyreassessthecontracttodeterminewhetheritsubsequentlymeetstheTwoormoretareoaroundthesametimewiththesamecustomerbecombinedandaccountedforasasinglecontract,iftheymeetthespecifiedcriteria.standardedrequirementsforcontractmodifications.Amodificationmayaccountedforasaseparatecontractorasamodificationoftheoriginalcontract,upontheofthe：第一步，识别合同另外，如果满足了特定条件（此处未表明），SteptworequirestheidentificationoftheseparateperformanceheThisisoftenreferredtoas‘unbundling’,andisdoneatthebeginningofacontract.Thefactorinidentifyingaseparateperformanceobligationisthedistinctivenessofthegoodservice,orabundleofgoodsor.Agoodorserviceisdistinctifthecustomercanfromthegoodorserviceonitsownortogetherwithotherreadilyavailable yidentifiablefromotherelementsoftheanditIFRS15taseriesofdistinctgoodsortaresubstantiallythesamewithsamepatternoftransfer,tobefromthegoodorserviceonitsownortogetherwithotherreadilyavailable yidentifiablefromotherelementsoftheanditIFRS15taseriesofdistinctgoodsortaresubstantiallythesamewithsamepatternoftransfer,toberegardedasasingleperformanceobligation.Agoodorwhichhasbeendeliveredmaynotbedistinctifitcannotbeusedwithoutanothergoodorsnotyetbeendelivered.Similarly,goodsortarenotdistinctshouldcombinedwithothergoodsoruntiltheentityidentifiesabundleofgoodsortisdistinct.IFRS15providesindicatorsncriteriatodeterminewhenagoodserviceisdistincthecontextofthecontract.Thisallowsmanagementtoapplytodeterminetheseparateperformancetbestreflecttheeconomicsubstanceof第二步，识别各个履行义务。包认定。IFRS15Stepthreerequirestheentitytodeterminetheionprice,whichistheamounttanentityexpectstobeentitledtoinexchangeforthepromisedgoods.Thisamountexcludesamountscollectedonbehalfofathirdparty–forernmenttaxes.AnentitymustdeterminetheamountofconsiderationtowhichitexpectsbeentitledinordertorecogniseAdditionally,anentityshouldestimatetheionprice,oaccountnon-consideration,considerationpayabletothecustomerandthetimevalueofmoneyifafinancingcomponentispresent.Thelatterisnotrequiredifthetimeperiodntheofgoodsorandpaymentisnoneyear.Insomecases,itwillbetsignificantfinancingcomponentexistsduetothetermsoftheInothercases,itcouldbedifficulttodeterminewhetherasignificantfinancingcomponentThisislikelytobethecasewheretherearelong-termarrangementswithmultipletgoodsoraredeliveredandcashpaymentsreceivedthroughoutarrangement.Forexample,ifanadvancepaymentisrequiredforbusinessestoobtainlonger-termcontract,thentheentitymaynottasignificantfinancingobligationIfantitmay yacceptanamountntinitiallyhecontractdueto,forexample,pastexperienceofdiscountsgiven,thenrevenuewouldestimatedattheloweramountwiththecollectabilitytloweramountbeingSubsequently,ifrevenuealreadyrecognisedisnotcollectable,impairmentlossesshouldtakentoprofitor1Stepfourrequirestheallocationoftheionpricetotheseparateobligations.TheallocationisbasedontherelativeSubsequently,ifrevenuealreadyrecognisedisnotcollectable,impairmentlossesshouldtakentoprofitor1Stepfourrequirestheallocationoftheionpricetotheseparateobligations.Theallocationisbasedontherelativellingofthegoodspromisedandismadeattheinceptionofthecontract.Itisnotadjustedtosubsequenthellingofthosegoodsor.Thebestevidenceof llingpriceistheobservablepriceofagoodorservicetheentitytgoodor y.tisnotavailable,anestimateismadeusingantisestheuseofobservableinputs–forexample,expectedcostanappropriatemarginortheassessmentofmarketforsimilargoodsorforentity-specificcostsandmarginsorinlimitedaresidualapproach.Theapproachisdifferentfromtheresidualsoftwaretisusedcurrentlybysomeentities,suchWhenacontractcontainsnonedistinctperformanceobligation,anentityallocatetheionpricetoeachdistinctperformanceobligationonthebasisofllingThiswillbeamajorpracticaleasitmayrequireaseparatecalculationandallocationtobeperformedforeachcontract.Forexample,aephonecontracttypicallytogetherthehandsetandnetworkconnectionandIFRS15willrequiretheir第四步是分配交易价格IFRS15Stepfiverequiresrevenuetoberecognisedaseachperformanceobligationissatisfied.differsfromIAS18where,forexample,revenueinrespectofgoodsisrecognisedwhenthesignificantrisksandrewardsofownershipofthegoodsaretransferredtothecustomer.AnentityrformanceIFRS15Stepfiverequiresrevenuetoberecognisedaseachperformanceobligationissatisfied.differsfromIAS18where,forexample,revenueinrespectofgoodsisrecognisedwhenthesignificantrisksandrewardsofownershipofthegoodsaretransferredtothecustomer.Anentityrformanceobligationbytransferringcontrolofapromisedgoodorservicetocustomer,whichcouldoccurovertimeorataime.Thedefinitionofcontrolincludesabilitytopreventothersfromdirectingtheuseofandobtainingthebenefitsfromtheasset.performanceobligationissatisfiedataimeunlessitmeetsoneofthefollowinginwhichcase,itisdeemedtobesatisfiedoverThecustomersimultaneouslyreceivesandconsumesthebenefitsprovidedbyentity’sperformanceastheentityTheentity’sperformancecreatesortheassetiscreatedoran tthecustomercontrolsTheentity’sperformancedoesnotcreateanassetnalternativeusetotheandtheentityhasanenforceablerighttopaymentforperformancecompletedtoRevenueisrecognisedinlinewiththepatternoftransfer.Whetheranentityrecognisesovertheperiodduringwhichitmanufacturesaproductorondeliverytothecustomerwilldependonthespecifictermsofthecontract.Ifanentitydoesnotsatisfyitsperformanceobligationovertime,itsatisfiesatandrevenuewillbere