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Description

IFRS 15: Resolving Complex Cases, Allocating the Price and Justifying Your Positions

Reach a decision on contracts where the number of performance obligations and the timing of transfer remain debatable

  • 0.43 days — 3 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

The revenue recognition model runs smoothly on a straightforward contract. It becomes debatable as soon as you have to isolate the distinct obligations within a project contract, estimate variable consideration or decide whether revenue is recognised over time. Positions then vary from one group entity to another.

This three-hour virtual workshop is designed for practitioners already familiar with IFRS 15. Participants work through contested situations, identify the performance obligations in a composite contract, allocate the transaction price and draft the position paper that will support their conclusion before the auditor.

Learning objectives

  • Identify the distinct performance obligations within a composite contract
  • Estimate variable consideration and assess the constraint applied to it
  • Allocate the transaction price across several obligations
  • Justify recognition over time or at a point in time
  • Draft a technical position paper intended for the auditor

What makes this programme different

Cases are based on real contracts brought by participants
Every position adopted is written up as a reasoned position paper
Differences in treatment between entities of the same group are openly addressed

Programme

1Identifying performance obligations

Breaking down the contract

  • Distinct goods and services within a single contract
  • Combining contracts entered into with the same customer
  • Additional purchase options and rights granted to the customer
  • Contract modifications during performance

2Transaction price and allocation

Allocating what is expected

  • Variable consideration and assessment of the constraint
  • Financing component and non-cash consideration
  • Stand-alone selling prices and estimation methods
  • Allocating discounts across the identified obligations

3Timing of recognition and documentation

Stating when revenue is earned

  • Conditions for recognition over time
  • Measuring progress and the methods selected
  • Costs of obtaining and costs of fulfilling the contract
  • Drafting the position paper and disclosures in the notes

Who is it for

Consolidation specialists, financial controllers, group accounting policy specialists and auditors dealing with complex customer contracts.

Prerequisites

Working knowledge of the revenue recognition model under international standards.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.