IFRS 15 Revenue Recognition in Practice (AF-043) Training Course

IFRS 15 Revenue Recognition in Practice

IFRS 15 governs how and when companies recognise revenue from contracts with customers. Its five-step model requires judgement for bundled offers, variable consideration…

5 daysClassroom

14Upcoming dates

8Cities

£2,840Fees from

Course overview

Why Attend

IFRS 15 governs how and when companies recognise revenue from contracts with customers. Its five-step model requires judgement for bundled offers, variable consideration, licences and long-term contracts.

This LLMI course works through the five-step model, contract identification, performance obligations, transaction price and variable consideration, allocation, timing of recognition, contract costs, principal versus agent and disclosures, with industry examples.

Course Objectives

Apply the IFRS 15 five-step model

Identify contracts and performance obligations

Determine transaction prices including variable consideration

Allocate prices to performance obligations

Recognise revenue over time or at a point in time

Prepare IFRS 15 disclosures

Target Audience

Accountants and financial controllers

Revenue accountants

Auditors

Finance managers

Commercial finance staff

IFRS reporting specialists

Course Methodology

Worked examples

Industry case studies

Group exercises

Discussions

Reviews

Course outline

1Day 1: IFRS 15 Overview

Scope
Five-step model
Key judgements
Transition
Exercise: Model walk-through

2Day 2: Contracts and Obligations

Contract identification
Combination and modification
Performance obligations
Distinct goods and services
Workshop: Identifying obligations

3Day 3: Transaction Price and Allocation

Variable consideration
Financing components
Allocation
Discounts
Exercise: Price allocation

4Day 4: Recognition

Over time versus point in time
Measuring progress
Licences
Principal versus agent
Case study: Long-term contract

5Day 5: Costs and Disclosures

Contract costs
Disclosures
Systems impact
Common errors
Capstone: Revenue recognition review

Frequently asked questions

How long is the IFRS 15 Revenue Recognition in Practice course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next IFRS 15 Revenue Recognition in Practice course?

The next public date is 16 - 20 Nov 2026 in Barcelona. There are 14 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Barcelona, Paris, Geneva, Amsterdam, London, Istanbul, Cape Town, Vienna.

How much does the course cost?

Fees start from £2,840 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

IFRS 15 Revenue Recognition in Practice

Course overview

Course outline

Dates and fees

Frequently asked questions

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