IFRS 15 Revenue from contracts with customers | Intensive 2-Day Training Course
Join our 2-day IFRS 15 Revenue Recognition Training Course in Singapore. IFRS 15 has reshaped how organisations define contracts with customers, analyse performance obligations, and recognise revenue with discipline. The standard affects telecom, software, engineering, health science, construction, and other sectors where complex commercial arrangements carry significant financial impact. Therefore, a deep understanding of IFRS 15 is essential for reliable reporting, informed decisions, and strong governance.
This IFRS 15 Workshop guides you through the five-step model using applied, real-world scenarios. You will learn how to identify performance obligations, determine transaction prices, and assess variable consideration. In addition, we examine contract modifications, principal–agent assessments, licensing arrangements, and the timing of revenue recognition. Moreover, the workshop highlights key disclosure requirements, including contract balances and significant judgements. These topics remain central in the IASB Post-Implementation Review and continue to attract regulatory attention.
Shasat’s senior experts bring insight shaped by complex revenue-implementation challenges across many industries. As a result, you gain the clarity needed to apply IFRS 15 with confidence and consistency. This 2-day program strengthens compliance, enhances reporting quality, and supports robust audit readiness and executive-level decision-making.
Key Learning Features
This IFRS 15 Revenue Recognition Workshop covers the core areas needed for accurate and consistent application of the standard. You will gain clear, applied insight into the following topics:
- Identification of distinct goods or services and assessment of bundled arrangements
- Separation of combined contracts into appropriate revenue components
- Determination of the transaction price, including variable consideration
- Allocation of the transaction price to performance obligations
- Application of the adjusted market, expected cost-plus-margin, and residual approaches
- Recognition of revenue over time or at a point in time
- Accounting for sales with rights of return and related considerations
- Presentation and disclosure requirements, including contract balances and key judgements
- Key differences between IFRS 15 and US GAAP (ASC 606)
These areas remain priorities for regulators, auditors, and preparers. Therefore, this IFRS 15 Workshop equips you with the clarity and capability needed to apply the standard with confidence and precision.
Global IFRS 15 Training Schedule
Explore our Global IFRS 15 Training Schedule to find upcoming programs in major cities worldwide. You can review the complete timetable and select an IFRS 15 Workshop in your preferred country or city. If you would like to host this IFRS 15 Revenue Recognition Training Course in your location, please contact us to discuss collaboration opportunities.
Online | London | Zurich | Singapore | Toronto | Dubai | Cape Town | Sydney | Miami | Bermuda | Lima | Doha | Rio De Janeiro
For More Information
Please contact our customer service team for more information about our IFRS 15 Training Program and to enroll. Our team is dedicated to providing you with excellent service and answering any questions you may have. We look forward to hearing from you and helping you take the next step in your professional development.
Instructor Bio
The course instructor will be one of our highly experienced faculty members.
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Our Faculty: Expertise That Drivees Success
Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.
This workshop is delivered by one of Shasat’s leading IFRS 15 specialists, recognised internationally for supporting major corporates, listed entities, and public-sector organisations in the practical application of the revenue recognition standard. The instructor brings extensive experience in contract identification, performance-obligation analysis, transaction-price allocation, variable consideration, contract modifications, principal–agent assessments, financing components, and revenue recognition for long-term service and licensing arrangements. Drawing on real implementation and reporting challenges across diverse industries, the faculty member provides clear, application-focused guidance to help participants design robust revenue-recognition processes, strengthen internal controls, ensure data integrity, manage system requirements, and align IFRS 15 outcomes with governance, financial-reporting, and audit expectations.
Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.
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Our Partners
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Course Description
- Session 1
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Introduction to IFRS 15: Background, scope, and core principles
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What IFRS 15 changed and why the new model matters
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Overview of the IFRS 15 Five-Step Revenue Recognition Framework
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Group case studies: Identifying contracts and performance obligations
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Implementation challenges when satisfying performance obligations over time
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Group case studies: Measuring progress and accounting for sales with a right of return
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Industry impact analysis: Sector-specific examples and applied case studies
- Session 2
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Contract costs: Direct costs, incremental costs, and fulfilment costs
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Group case studies: Allocating the transaction price to performance obligations
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Implementation challenges for warranties and customer options
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Group case studies: Licensing, consignment arrangements, and bill-and-hold transactions
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Principal vs agent assessments and their financial-statement impact
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Non-refundable upfront fees and customer acceptance considerations
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Disclosure requirements, including disaggregation of revenue and contract balances
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Group case studies: Presentation and disclosure in financial statements
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Effective date, transition requirements, and lessons learned from global implementations
- Real-Life Case Studies and Q&A
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Industry-specific IFRS 15 case studies drawn from actual implementation challenges
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Open Q&A session for technical issues, judgement areas, and application question
The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.
All rights reserved. ©2025, Shasat
Why you must attend?
IFRS continues to evolve, and IFRS 15 remains central to global revenue reporting. Organisations must recognise contracts, assess performance obligations, and measure revenue with discipline. Therefore, a strong understanding of IFRS 15 is essential for accurate reporting and credible financial communication.
More than 140 jurisdictions apply IFRS, and regulators monitor IFRS 15 disclosures closely. As a result, finance teams must stay informed about emerging practices, judgement areas, and insights from the IASB Post-Implementation Review. This is important for first-time adopters and experienced preparers during both pre-implementation assessment and post-implementation review.
This 2-day IFRS 15 Revenue Recognition Training Course offers a clear and structured review of the standard. You will explore contract identification, performance-obligation analysis, transaction-price allocation, variable consideration, and contract modifications. Moreover, you will gain clarity on disclosure requirements and areas influencing audit focus.
Shasat’s senior experts bring insight shaped by complex revenue-implementation challenges across many industries. Consequently, the workshop delivers practical, real-world guidance that supports stronger governance and improved reporting quality.
The IFRS 15 Workshop uses an interactive format that encourages discussion and applied learning. As a result, you build confidence in applying IFRS 15 consistently and meeting regulatory expectations.
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Teaching methodology
The IFRS 15 Training Course uses a structured and engaging approach to support clear understanding and lasting retention. The methodology includes:
- A well-designed slide deck that presents concepts and principles in a clear and accessible format.
- Interactive sessions with real-life case studies that demonstrate practical application.
- Explanations supported by examples and scenarios that place complex topics in context.
- Group exercises that reinforce key accounting requirements and encourage collaborative learning.
- Discussions on IFRS and US GAAP (ASC 606) differences, industry issues, and variations in practice.
- Access to supplementary course material and handouts for continued reference.
- An open learning environment that encourages questions, discussion, and deeper technical insight.
Together, these elements create a focused and effective learning experience that supports the professional development of all participants.
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Who should attend?
The IFRS 15 Revenue Recognition Workshop is suitable for a wide range of professionals involved in financial reporting, audit, analysis, and regulatory oversight. This includes:
- Accountants and finance professionals who prepare or review IFRS financial statements and must stay current with IFRS 15 requirements.
- Auditors who need a clear understanding of IFRS 15 to support effective planning, testing, and reporting.
- Financial and market analysts who rely on IFRS-compliant statements to assess performance, valuation, and credit risk.
- Rating agency professionals who use IFRS information to evaluate creditworthiness and need up-to-date knowledge of revenue recognition.
- Regulators and policy specialists responsible for monitoring compliance and developing financial reporting guidance.
- Capital market and investment professionals who interpret revenue disclosures and provide insights to investors and stakeholders.
If your work involves accounting, finance, audit, or investment analysis, this IFRS 15 Training Course will help you stay ahead in a fast-changing reporting environment.
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Feedback
At the close of the course, all delegates receive an evaluation questionnaire. This feedback is central to Shasat’s commitment to maintaining the highest standards in its learning programmes. By reviewing the themes and trends within the responses, we continue to refine our offerings and ensure they remain aligned with the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
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In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
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Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
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We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
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Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
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Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.
