IFRS 15 Revenue from Contracts with Customers + Free Checklist, relevant in 2026

thank you so much for your valuable video, its really helpful

From 🇹🇳 Tunisia ,I appreciate a lot your efforts ,all my best gratitudes

Thank you so much for the clear explanation of each and every concept . Can you please put a video about the IAS and IFRS (Meaning and difference between those two).

Thank you for your kind explanation it helped me to score good matks in the last minute 👍👍👍. Keep rocking.
We do need a good guidance from you for learning each and every concept clearly.

🙌🏾just subscribed cos I need to understand financial accounting not just pass an exam

Thank youuuuuuu!!!!!!!

Thank you for this video, you teach very well!

Real gem for accounting students 👏🏼🤩

Always LOVE the examples provided. many thanks.

the shoes should be 80 and socks 20 or
shoes should be 99 and socks 01 as free items are billed in unit currency
if the same item is given free as buy 1 get one free then this rule should be used

Hii if possible in need this PPT please send

Thank you very much. You make account very easy continue to support us 👊👊🙌🙌

Once Einstein said "if you cannot explain it simply that means you did not understand it well enough" , Silvia makes every word of that statement true and about her in-depth knowledge and skill to explain that even the most daunting topics seem like a breeze !!

In step 3: Determine the transaction price we need to examine the existence of a significant financing component. (Adjustment for TVM) are we to do this to account for revenue at a value that reflects on the date the performance obligation is satisfied ? If the payment is in arrears meaning we are going to deliver the contract on a future date, we would identify a finance cost that would increase the contract liability by that amount till the performance obligation is satisfied at which time revenue will be identified and this revenue figure include the interest component. But the treatment is different if it was an advance payment. TY

Great video, thank you

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Hi Silvia,

What is the charge to get these notes??

Excellent presentation. Thanks Silvia

Is IFRS 15 applicable to loans?

great explanations 👌 🙏

Hi ..please upload any class /material for IFRS 15 material right

Please keep these videos free. I'm learning more from your channel than university ♥

Great Presentation and very helpful🙏

Great job Silvia FCCA.

Your explanation is super helpful

I am really sorry but step 4 on socks does not make sence because you can still record 100 cu and once you have the socks, you can give it to the customer.

Thank you, this lesson is very valuable!

You are extremely competent, if you didn't start these videos for FREE, you might go unnoticed to such huge crowd. Appreciations from Pakistan 💕

your lectures are so helpful and simplified, thank you so much.. please keep up the wonderful work, you helping so many of us!

Amazing

❤️❤️

what an amazing teacher you are. thank you so much, your videos are very helpful!!!

Thank you very much.

Superbly explained with a very light and easy accent of English. For Concept clearance is the best choice

Practically how companies record all different scenarios in accounting entries as per IFRS 15. As this requires too much input and workload. I don't see any software that can post entries as per IFRS unless someone expert with IFRS can do. But that someone needs to pass a lot of accounting entries and follow up schedule entries.

The journal entry for the sales promo should look like this:

Dr Account receivables/Bank 100
Cr Revenue 83
Cr Contract Liability 17

Once the pair of sock is delivered:
Dr Contract Liability 17
Cr Revenue 17

Thanks it's very helpful for brief understanding of IFRS 15 .Good job
I hope you will continue this job for other standards.

Perfect explanation! Thank you very much

good job silvia