IFRS 15 Revenue Recognition Certification Training

This is a practical, self-paced online program that equips accounting and finance professionals with a deep and applied understanding of IFRS 15: Revenue from Contracts with Customers. This standard provides a comprehensive framework for determining when and how much revenue should be recognized, using the internationally accepted five-step revenue recognition model. The course breaks down complex concepts into clear, real-world examples and case studies, helping participants confidently interpret and apply IFRS 15 in diverse reporting scenarios.

Participants will learn how to identify contracts and performance obligations, determine and allocate the transaction price, and recognize revenue at the appropriate time - whether at a point in time or over time - while also addressing special topics such as variable consideration, significant financing components, and non-monetary transactions. Upon successful completion, learners will be better prepared to apply IFRS 15 accurately in financial reporting, improve compliance and reduce risk of misstatement in revenue lines.

• Scope of the standard specific emphasis on non-monetary exchanges.
• Understanding in detail the 5-step model of IFRS 15 with case studies for each step to understand the nuances of IFRS 15.
  • Step I Identifying the contracts
    • Essential elements of a valid contract (Para 9).
  • Step II Identifying performance obligations
    • In depth analysis of Para 27 and 29. (How to identify the goods and services are distinct or not?)
  • Step III Transaction Price
    • Treatment of Variable consideration and significant financing component.
  • Step IV Allocation of Transaction price to performance obligations
    • Treatment of discount and variable consideration is it relating to some or all performance obligations.
  • Step V Recognition of revenue
    • In depth analysis of Para 35 over time or at a point in time.
• Special issues related to revenue recognition Repurchase agreements etc.

Professionals working on:

• Asset/Liability Management
• Accounting
• Balance Sheet Management
• Bank & Country Risk
• Interest Rate Risk
• Risk Analysis
• Risk Control
• Stress Testing
• Funding Risk
• Risk Integration
• Risk Methods
• Risk Model Development
• Risk Modelling
• Risk Strategy
• Funds Transfer Pricing
• FI Risk Management
• Counterparty Credit Risk
• Credit Portfolio Management
• Quantitative Analysts
• Portfolio Strategy
• Prudential Policy
• Supervision/Regulation
• Compliance
• Capital Management
• Capital Modeling
• Credit Research

• Learn how to interpret accounting requirements of IFRS 9 into a model context.
• Find out how to align International Accounting Standards and Local Regulatory Requirements on EL-Provisions.
• Run Stress Test on IFRS 9 data.
• Combine Regulatory Baseline and Adverse Scenarios with IFRS 9 models.
• Integrate Stress Test Foresight and Migration Methodologies.
• Establish issues and solutions of 12 month and lifetime PD m

Certification

• On successful completion of the course, you will receive a Course Completion Certificate from Merit Global

An IFRS 15 certification course is a vital investment for finance professionals, as revenue is the most critical metric for any business and its recognition is governed by a complex, high-judgment framework. By mastering the five-step model—which includes identifying performance obligations and allocating transaction prices—you gain the technical precision needed to handle modern, multi-element contracts that combine goods, services, and financing components. This certification positions you as a high-value expert capable of ensuring that revenue reflects the true transfer of control to customers, a requirement that is fundamental to maintaining investor trust and audit compliance across global markets.

Beyond technical mastery, this qualification serves as a powerful catalyst for career advancement and global mobility, signaling to top-tier employers like the "Big Four" and multinational corporations that you can navigate the nuances of variable consideration and contract modifications. As companies increasingly automate their reporting, a certified professional is essential for overseeing these systems to prevent costly compliance errors and financial restatements. Ultimately, holding an IFRS 15 certification can increase your earning potential by up to 25%, providing the specialized credentials necessary to step into senior leadership roles such as Financial Controller, Revenue Manager, or External Auditor in over 140 countries.

He is a seasoned finance professional with extensive expertise in International Financial Reporting Standards (IFRS) and comprehensive experience applying accounting standards in real-world financial reporting environments. With a strong background in preparing, analyzing and interpreting financial statements under IFRS, he brings practical insights that help learners connect theory with actual reporting practice. Known for his clear and engaging training style, he simplifies complex standards into understandable concepts and real-life examples. His guidance equips professionals to confidently apply IFRS principles and enhance their accounting and reporting proficiency.

Benefits of the training: