IFRS: Revenue Recognition (IAS 18 and IAS 11)

Financial accounting & reporting


IFRS: Revenue Recognition (IAS 18 and IAS 11)

Instructor: AICPA Professional Development Staff

  • Format

    Course - Online

  • Level


  • Duration

    2.5 hours

In addition to outlining the five steps for revenue recognition, this course provides guidance on how to account for transactions and arrangements unique to revenue recognition, including warranties, bill-and-hold arrangements, sales returns and allowance, principal versus agent relationships, and consignments.

Learning outcomes

  • Learning outcomes: Apply the criteria for revenue recognition and identify those circumstances in which those criteria have or have not been met
  • Identify issues that may arise when applying the revenue recognition criteria to separately identifiable components of a single transaction
  • Apply the revenue recognition criteria for construction contracts
  • Understand how IFRS 15 will affect future revenue recognition decisions

£39.00 (CIMA members only)


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Product information


The purpose of this course is to familiarise you with the criteria that must be satisfied in order to recognise revenue in accordance with IAS 18, Revenue, from a sales-type transaction.

This course also discusses how to measure the amount of revenue to recognise and how to apportion revenue among multiple deliverables when a company sells a bundle of products and/or services.

In addition, revenue recognition under construction accounting is discussed. Lastly, this course covers the new requirements of IFRS 15.

Who should take this course?

  • Accountants, auditors, and finance professionals in public practice and industry seeking an understanding of the latest revenue recognition guidance issued by the IASB

Professional development

This Course - Online offers 1.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Programme level:Basic
Duration:2.5 hours
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£39.00 (CIMA members only)


VAT calculated on checkout


  • AICPA Professional Development Staff