第一波全a5 ifrs15ias收入确认和计量大致分为

DefinitionRevenueisearisinginthecourseofanentity’sordinaryüOrdinaryactivitiesmeansnormaltradingoroperatingüRevenuepresentedinthestatementofprofitorlossshouldnotincludeitemssuchasproceedsfromthesaleofnon-currentassetsorsalestaxRecognitionIFRS15requiresapplicationofitsfive-stepprocess:IdentifythecontractwithaIdentifytheseparateperformanceobligationsinthecontract.

DeterminethetransactionAllocatethetransactionpricetotheseparateperformanceobligationsinthecontract.Recogniserevenuewhen(oras)the aperformance

Background2016/09B-ThefollowingscenariorelatestoquestionsMightyITCoprovideshardware,softwareandITservicestosmallbusinesscustomers.MightyITCohasdevelopedanaccountingsoftwarepackage.The offersasupplyandinstallationservicefor$1,000andaseparatetwo-yeartechnicalsupportservicefor$500.Alternatively,italsoofferswhichincludesbothoftheseelementsfor$1,200.Paymentforthecombinedcontractisdueonemonthafterthedateofinstallation.AllocatethetransactionpricetotheseparateperformanceobligationsQ27Foreachcombinedcontractsold,whichMightyITCoshouldrecogniseinrespectofthesupplyandinstallationserviceinaccordancewithIFRS15?ABCD1,000/1,500x1,200=RecogniserevenuewhentheentitysatisfiesaperformanceobligationInaccordancewithIFRS15RevenuefromContractswithCustomers,whenshouldMightyITCorecogniserevenuefromthecombinedgoodsandservicescontract?Supplyandinstall:whenpaymentismadeTechnicalsupport:overtwoyearsSupplyandinstall:oninstallationTechnicalsupport:oninstallationSupplyandinstall:whenpaymentismadeTechnicalsupport:whenpaymentismadeMightyITCosellsacombinedcontracton1January20X6,thefirstdayofitsfinancialyear.InaccordancewithIFRS15,whatisthetotalamountfordeferredewhichwillbereportedinMightyITCo'sstatementoffinancialpositionasat31DecemberABCDAnswer500/1,500x1,200=400/2=Step1IdentifythecontractIFRS15saysthatacontractisanagreementbetweentwopartiesthatcreatesrightsandobligations.AcontractdoesnotneedtobeAnentitycanaccountforrevenuefromacontractifitmeetsthefollowingcriteria:pthepartieshaveapprovedthepeachparty'srightscanbeppaymenttermscanbepthecontracthascommercialpit thattheentitywillbe

关商品时确认收入：价收回2IdentifyingtheseparateperformanceobligationIFRS15Agoodorservicethatispromisedtoacustomerthecustomercanbenefitfromthegoodorservice,eitheronitsownortogetherwithotherresourcesthatarereadilyavailabletothecustomer(thatis,thegoodorserviceiscapableofbeingdistinct);theentity'spromisetotransferthegoodorservicetothecustomerissepara yidentifiablefromotherpromisesinthecontract(thatis,thepromisetotransferthegoodorserviceisdistinctwithinthecontextofthecontract)IFRS15paraAcustomeristypicallyabletobenefitfromagoodorserviceonitsown,ortogetherwithreadilyavailableresources,wheretheentity thatgoodorservice3DeterminethetransactionpriceIFRS15definesthetransactionpriceastheamountofconsiderationtheentityexpectsinexchangeforsatisfyingaperformanceobligation.SalestaxisexcludedWhendeterminingthetransactionprice,thefollowingmustbeØvariableØnon-cashØconsiderationpayabletoa2019/06Q32ThefollowingextractisfromthetrialbalanceofVernonCoat31December20X8:VernonComadealargesaleofgoodson1July20X8,whichwasalsothedateofdelivery.Underthetermsoftheagreement,VernonCowillreceivepaymentof$8mon30June20X9.VernonCohasacostofcapitalof8%atwhichanappropriatediscountfactorwouldbe0·9259.AnswerSalewithsignificantfinancingAsthesalehasasignificantfinancingcomponent,theinitialrevenueshouldberecordedatpresentvalue,withthediscountunwoundandrecordedasfinancee.Therefore,theinitialrevenueshouldbe$7·407m($8m/1·08),whichistakentorevenueandreceivables.Thereceivableof$7·407misthenincreasedby8%overtheyeartogettothe$8minJune20X9.AsVernonCohasareportingdateof31December20X8,sixmonths’interestshouldbeadded.$7·407mx8%x6/12=$296k,whichisaddedtoreceivablesandfinance2015/06Q19Hindbergisacarretailer.On1April2014,HindbergsoldacartoLatterlyonthefollowingterms:Thesellingpriceofthecarwas$25,300.Latterlypaid$12,650(halfofthecost)on1April2014andwouldpaytheremaining$12,650on31March2016(twoyearsafterthesale).Hindberg’scostofcapitalis10%perannum.WhatisthetotalamountwhichHindbergshouldcredittoprofitorlossinrespectofthistransactionintheyearended31MarchStep4:AllocatethetransactionpriceThetotaltransactionpriceshouldbeallocatedtoeachperformanceobligationinproportiontostand-alonesellingprices.Thebestevidenceofastand-alonesellingpriceistheobservablepricewhenthegoodorserviceissold Ifastand-alonesellingpriceisnotdirectlythenitmustbeestimated.Observableinputsshouldbeisedwheneverpossible.Example givescustomersa handsetwhentheysignatwo-yearcontractforprovisionofnetworkservices.Thehandsethasastand-alonepriceof$100andthecontractis$20perPriortoIFRS15,the wouldrecognisenorevenueinrelationtothehandsetandatotalof$240perannuminrelationtothecontract.UnderIFRS15,revenuemustbeallocatedtothehandsetbecausedeliveryofthehandsetconstitutesaperformanceobligation.Thiswillbecalculatedasfollows:$%$Contract–twoTotalStep5:RecogniserevenueRevenueisrecognisedwhen(oras)theentitysatisfiesaperformanceobligationbytransferringapromisedgoodorservicetoacustomer.AnentitymustdetermineatcontractinceptionwhetheritsatisfiestheperformanceobligationtimeorsatisfiestheperformanceobligationinIfaperformanceobligationisnotsatisfiedovertimethenitissatisfiedatapointintime.Theentitymustdeterminethepointintimeatwhichaofapromisedasset.Anentitycontrolsanassetifitcan.ControlalsoincludestheabilitytopreventotherentitiesfromobtainingbenefitsfromanassetIFRS15(para38)providesthefollowingofTheentityhasapresentrighttopaymentfortheThecustomerhaslegaltitletotheTheentityhastransferredphysicalpossessionoftheThecustomerhasthesignificantrisksandrewardsofownershipoftheassetThecustomerhasacceptedthePerformanceobligationssatisfiedovertimeAnentitymaytransferagoodorserviceovertimethusrevenuewouldberecognisedoverWheretheentityundertakesacontractwithperformanceobligationssatisfiedovertime,suchasconstructionofabuilding,theentitymustdetermine asrevenueandcostsineachaccountingperiod.Methodsofmeasuringprogresstowardssatisfactionofaperformanceobligationinclude: -onthebasisofvaluetocustomerofgoodsorservicestransferredtodaterelativetotheremaininggoodsorservicespromisedunderthecontractegsurveysofperformancecompletedtoappraisalsofresultstimeunitsproducedor2.Inputmethods-onthebasisoftheentity'seffortsorinputstothesatisfactionofaperformanceobligationrelativetothetotalexpectedinputsegresourceslabourhourscoststimemachinehours2016/12Q9IFRS15RevenuefromContractswithCustomersstatesthat,whereperformanceobligationsaresatisfiedovertime,entitiesshouldapplyanappropriatemethodofmeasuringprogress.WhichTWOofthefollowingareappropriateOUTPUTmethodsofmeasuringprogress?Totalcoststodateofthecontractasapercentageoftotalcontract tonesreachedasapercentageofphysicalSurveysofperformancecompletedtodateasapercentageoftotalcontractrevenueLabourhoursexpendedasapercentageoftotalexpectedlabourAnswerB.Physical tonesreachedasapercentageofphysicalcompletionC.SurveysofperformancecompletedtodateasapercentageoftotalcontractrevenueThecorrectanswerisBand2018/06Q32Duringtheyear,HaverfordCoenteredintoacontracttoconstructanassetforacustomer,satisfyingtheperformanceobligationovertime.Thecontracthadatotalpriceof$14m.Thecoststodateof$1·9mareincludedintheabovetrialbalance.Coststocompletethecontractareestimatedat$7·1m.At31December20X7,thecontractisestimatedtobe40%complete.Todate,HaverfordCohasreceived$1·4mfromthecustomerandthisisshownintheabovetrialbalance.Answer–ContractwithcustomerOverallCoststoCoststo Progress:StatementofprofitorRevenue($14,000xCostofsales($9,000xStageStatementoffinancialCoststoProfittoAmountbilledto$5·6mshouldberecordedinrevenue,and$3·6mincostofsales,givinganoverallincreasetothedraftprofitof$2m.$2·5mshouldthenberecordedinthestatementoffinancialpositionasacurrentasset.PresentationonthestatementoffinancialpositionWhenanentityhasrecognisedrevenuebeforeithasreceivedconsideration,thenitshouldrecogniseeither:pareceivableiftherighttotheconsiderationisunconditional,pAnentityhasanunconditionalrighttoreceiveconsiderationifonlythepassageoftimeisrequiredbeforepaymentisdue.Ashouldberecognisediftheentityhasreceivedconsideration(orhasanunconditionalrighttoreceiveconsideration)beforetherelatedrevenuehasbeen品，A商品的单独售价为6000元，B商品的单独售价为24000元，合同价款为25000元。合同约定，A商品于合同开始日交付，司才有权收取25000元的合同对价。假定A商品和B商品分别构包含，且假定不考虑相关税费影响。本例中，分摊至A商品的合同价款为5000[(6000÷(6000000]元，分摊至B商品的合同价款为20000÷(6000)×25000]

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是指企业已向客户转让商企业无条件收取合同对价，而2018/12Q32ThefollowingextractsfromthetrialbalancehavebeentakenfromtheaccountingrecordsofDugganCoasat30June20X8:DugganCoenteredintoacontractwheretheperformanceobligationissatisfiedovertime.Thetotalpriceonthecontractis$9m,withtotalexpectedcostsof$5m.Progresstowardscompletionwasmeasuredat50%at30Juneand80%on30JuneAnswer3Working1– enteredintoacontracton1January20X5tobuildafactory.Thetotalcontractrevenuewas$2.8million.At31December20X5thecontractwascertifiedas35%complete.Costsincurredduringtheyearwere$740,000andcoststocompleteareestimatedat$1.4million.$700,000hasbeenbilledtothecustomerbutnotyetWhatamountwillberecognisedasacontractassetorliabilityinrespectofthiscontractinthestatementoffinancialpositionasat31December20X5?$271,000contract$509,000contract$271,000contract$509,000contract (2Answer$CostsincurredtoRecognisedprofitsAmountsContractTotalcontractCoststoCoststoTotalexpectedProfittodate(660,000×Thefollowingdetailsapplytoacontractwhereperformanceobligationsaresatisfiedovertimeat31December20X5.$TotalcontractCoststoEstimatedcoststo Thecontractisagreedtobe45%completeat31DecemberWhatamountshouldappearinthestatementoffinancial$CostsincurredtoRecognisedprofitsAmountsContractTotalcontractCoststoCoststoTotalexpectedProfittodate(24,000×CommontypesoftransactionPrincipalsandagentsAnentitymustdecidethenatureofeachperformanceobligation.IFRS15paraB34)saysthismightbe: toprovidethespecifiedgoodsorserviceitself(i.e.itisthe toarrangeforanotherpartytoprovidethegoodsorservice(i.e.itisanagent)-,Ifanentityisan thenrevenuewillberecognisedbasedonthefeeitisentitledtoratherthanthe,IllustrationAnentityoperatesawebsitethatenablescustomerstopurchasegoodsfromarangeof rs.The rsdeliverdirectlytothecustomers,whohavepaidinadvance,andtheentityreceivesacommissionof10%ofthesalesprice.Theentity'swebsitealsoprocessespaymentsfromthecustomerto ratpricessetbythe r.TheentityhasnofurtherobligationtothecustomerafterarrangingfortheproductstobeIstheentityaprincipaloranThefollowingpointsareGoodsare ddirectlyfromthe rtothecustomer,sotheentitydoesnotobtaincontrolofthegoods. risprimarilyresponsibleforfulfillingtheTheentity'sconsiderationisintheformofTheentitydoesnotestablishpricesandbearsnocreditTheentitywouldthereforeconcludethatitisactingasanagentandthattheonlyrevenuetoberecognisedistheamountsreceivedasDerringdoiscarryingoutatransactiononbehalfofanotherentityandthefinancedirectorisunsurewhetherDerringdoshouldberegardedasanagentoraprincipalinrespectofthistransaction.WhichoneofthefollowingwouldindicatethatDerringdoisactingasanagent?DerringdoisprimarilyresponsibleforfulfillingtheDerringdoisnotexposedtocreditriskfortheamountduefromtheDerringdoisresponsiblefornegotiatingthepricefortheDerringdowillnotbepaidintheformofAnswerTheotheroptionswouldallsuggestthatDerringdowasthe2014/12Q4Repro,a whichsellsphotocopyingequipment,hasprepareditsdraftfinancialstatementsfortheyearended30September20X4.Ithasincludedthefollowingtransactionsinrevenueatthestatedamountsbelow.WhichofthesehasbeencorrectlyincludedinrevenueaccordingtoIFRS15Revenuefromcontractswithcustomers?Agencysalesof$250,000onwhichReproisentitledtoaSaleproceedsof$20,000formotorvehicleswhichwerenolongerrequiredbyReproSalesof$150,000on30September20X4.Theamount dtoandreceivedfromthecustomerwas$180,000,whichincluded$30,000forongoingservicingworktobedonebyReprooverthenexttwoyearsSalesof$200,000on1October20X3toanestablishedcustomerwhich,(withtheagreementofRepro),willbepaidinfullon30September20X5.Reprohasacostofcapitalof10%. (2marks)RepurchaseagreementsUnderarepurchaseagreementanentitysellsanassetandpromises,orhastheoption,torepurchaseit.Repurchaseagreementsgenerallycomeinthreeforms:Anentityhasanobligationtorepurchasetheasset(aforwardcontract).–肯定是financeAnentityhastherighttorepurchasetheasset(acalloption).-看Anentitymustrepurchasetheassetifrequestedtodosobythecustomer(aputoption).——判断对方（买方）是否会行权？Example:contractwithacalloptionAnentityentersintoacontractwithacustomerforthesaleofatangibleasseton1January20X7for$1million.Thecontractincludesacalloptionthatgivestheentitytherighttorepurchasetheassetfor$1.1milliononorbefore31December20X7.theexercisepriceisandabovetheoriginalsellingprice.Theentitycontinuestorecognisetheassetandrecognisesthecashreceivedasafinancialliability.ConsignmentarrangementsThecustomerdoesnotobtaincontroloftheproductatthedeliverydate.Theinventoryremainsinthebooksoftheentityandrevenueisnotreogniseduntilcontrolpasses.Awholesalersellsgoodstoaretailerfor$42,000oncrediton31December20X1andaccountsforthemasasalerecognisingtherevenueimmedia y.Thewholesalersellsatamark-upof20%onTheretailerwillsellthegoodstothefinalcustomer,butcanreturnanyunsoldgoodsforarefund.Nogoodsweresoldtothefinalcustomeron31December20X1Whataretheadjustmentsneededtocorrectthewholesaler'sfinancialstatementsfortheyearended31December20X1?Revenuecannotberecognisedinthewholesalersfinancialstatementsasat31December20X1ascontrolhasnottransferredtothebuyer(theretailer).Thesalestransactionmustbereversedinthewholesalersfinancialstatementsandtheclosinginventorybalanceadjusted (42000x

Trade

Costof

BillandholdarrangementsGoodsaresoldbutremaininthepossessionofthesellerforaspecifiedperiodoftime.Anentitywillneedtodetermineatwhatpointthecustomerobtainscontroloftheproduct.Foracustomertohaveobtainedcontrolofaproductinabillandholdarrangementthefollowingcriteriamustbemet:ThereasonforthebillandholdmustbeTheproductmustbesepara yidentifiedasbelongingtotheTheproductmustbereadyforphysicaltransfertotheTheentitycannothavetheabilitytousetheproductortransferittoanothercustomer.WarrantiesIfacustomerhastheoptiontopurchaseawarrantyseparayfromtheproducttowhichitrelates,itconstitutesadistinctserviceandisaccountedforasaseparateperformanceobligationThiswouldapplytoawarrantywhichprovidesthecustomerwithaserviceinadditiontotheassurancethattheproductcomplieswithagreed-uponspecificationsIfthecustomerdoesnothavetheoptiontopurchasethewarrantysepara y,forinstanceifthewarrantyisrequiredbylaw,thatdoesnotgiverisetoaperformanceobligationandthewarrantyisaccountedforinaccordancewithIAS37Provisions,ContingentLiabilitiesandContingentAssets.(IFRS15:paras.B28-43)ernmentgrants(IAS201Definitionernmentgrants:Assistanceby ernmentintheformoftransfersofresourcestoanentityinreturnforpastorfuturecompliancewithcertainconditionsrelatingtotheoperatingactivitiesoftheentity.Theyexcludethoseformsof ernmentassistancewhichcannotreasonablyhaveavalue ceduponthemandtransactionswith ernmentwhichcannotbedistinguishedfromthenormaltradingtransactionsoftheentityForgivableloans:Loansforwhichthelenderundertakestowaiverepaymentundercertainprescribedconditions(IAS20:para.3). marketingadviceprovidedbya departmentisexcludedfromthedefinitionof ernmentgrants，即企业取得来源于的经济资源，不需要向交付商品或服务对价。无偿性是 与作为企业所有者投入资本、刚服务等互惠区别开来。20×3年12月，甲公司收到财政部门拨款2000万元，系对甲公司20×3年执行国家计划 ，

3322222RecognitionGrantsarenotrecogniseduntilthereisreasonableassurancethattheconditionswillbecompliedwithandthegrantswillbereceived.Grantsrelatingto AccountingtreatmentGrantsrelatingto eareshowninprofitorlosssepara yoraspartof'other e' alternativelydeductedfromtherelatedexpense.GrantsrelatingtoassetsAccountingtreatmenternmentgrantsrelatingtoassetsarepresentedinthestatementoffinancialpositioneither:Asdeferred e-Anydeferred eisamortisedtoprofitorlossovertheasset'susefullife.orBydeductingthegrantincalculatingthecarryingamountoftheasset.WhichofthefollowingareacceptablemethodsofaccountingforaernmentgrantrelatingtoanassetinaccordancewithIAS20Accountingfor ernmentGrantsandDisclosureof SetupthegrantasdeferredCredittheamountreceivedtoprofitorDeductthegrantfromthecarryingamountoftheasset(iv)Addthegranttothecarryingamountoftheasset(iv)(i)and(v)(ii)and(vi)(i)and(vii)(iii)and (2AnswerThegrantcanbetreatedasdeferredeordeductedfromthecarryingamountoftheasset.Itcannotbecrediteddirectlytoprofitorloss.Example:accountingforgrantsrelatedtoassets receivesa20%granttowardsthecostofanewitemofmachinery,whichcost$100,000.Themachineryhasanexpectedlifeoffouryearsandanilresidualvalue.Theexpectedprofitsofthe ,beforeaccountingfordepreciationonthenewmachineorthegrant,amountto$50,000perannumineachyearofthemachinery'sSolution(a)Reducingthecostofthe$$$$$Profitbefore*Thedepreciationchargeonastraightlinebasis,foreachyear,is¼of$(100,000-20,000)=$20,000.Statementoffinancialpositionatyearend$$$$Non-currentDepreciationCarrying-Solution(b)Treatingthegrantase$$$$$ProfitasStatementoffinancialpositionatyearendNon-currentassetatDepreciationCarrying-ernmentgrantDeferrede- receivesa ernmentgrantof$500,000on facilitatepurchaseonthesamedayofanassetwhichcosts$750,000.Theassethasafiveyearusefullifeandisdepreciatedona30%reducingbalancebasis. istoaccountforallgrantsreceivedasdeferrede.Whatamountofewillberecognisedinrespectofthegrantintheyearto31March20X9? (2Answer$GrantreceivedRecognisedyearto31.3.X8(500,000×BalanceRecognisedyearto31.3.X9(350,000×Ex-PresentationMaddocpurchasedanewitemofntfor$800,000on1January20X2,andexpectedtouseitfor5yearswithazeroresidualvalue.TheernmentawardedMaddocagrantof$300,000towardsthecostofthentonthesamedate.Maddoctreatedthegrantasdeferredeandhasa30JuneyearHowmuchisrecognisedinNon-currentliabilitiesinrespectofthegrantasat30June20X2?AnswerThegrantistreatedasdeferred$1January Cash20X1-20X2yearCreditedtoprofitorloss(300,000/5X30June The$270,000deferredeat30June20X2mustbesplitintocurrentandnon-current20X2-20X3yearCreditedtoprofitorloss(300,000/5)=currentamount30June20X3 c/d=non-currentamountat30June20X2

4Repaymentofgrants ernmentgrantthatesrepayableisaccountedforasachangeinaccordancewithIAS8AccountingPolicies,ChangesinAccountingEstimatesandErrors.201506Q15WhichofthefollowingstatementsaboutIAS20Accountingfor GrantsandDisclosureof ernmentAssistancearetrue? ernmentgrantrelatedtothepurchaseofanassetmustbedeductedfromthecarryingamountoftheassetinthestatementoffinancialposition ernmentgrantrelatedtothepurchaseofanassetshouldberecognisedinprofitorlossoverthelifeoftheasset marketingadviceprovidedbya ernmentdepartmentisexcludedfromthedefinitionof ernmentgrantsAnyrequiredrepaymentofa ernmentgrantreceivedinanearlierreportingperiodistreatedaspriorperiodadjustment(i)and(ii)and(ii)and(iii)andAccountingtreatment1Grantsrelatingto 的②用于补偿企 相关成本费用或损失 的。5月10日，甲公司所在地地方为了引进人才，与甲公司签订了人才引进合作协议，该协议约定，当地将向甲公司提供1 的技术人才，但甲公司必须承诺在当地并至少八年内地址不变且不搬离本地区，如八年内甲公司地变更或搬离本地区的，有权收回该 。该分三年使用，每年500万元。每年年初，甲公司需向当地报送详细的人才引进及资金使用计划，每年11月末，由当地请中介机构评估甲公司人才引进是否符合年初计划并按规定的用途使用。甲公司预计八年内不会变更地，也不会该地区，且承诺按规定使用。8