2016年ACCA(INT)考试内容最新变化说明.doc

2016年ACCA（INT）考试内容最新变化说明 IFRS 15 Revenue from Contracts with Customers ? 1. Principles of Revenue Recognition ? 1.1 IFRS 15 ? IFRS 15 Revenue from Contracts with Customers outlines the five steps of the revenue recognition process: ? Step 1 Identify the contract(s) with the customer ? Step 2 Identify the separate performance obligations ? Step 3 Determine the transaction price ? Step 4 Allocate the transaction price to the performance obligations ? Step 5 Recognise revenue when (or as) a performance obligation is satisfied ? The core principle of IFRS 15 is that an entity recognizes revenue from the transfer of goods or services to a customer in an amount that reflects the consideration that the entity expects to be entitled to in exchange for the goods or services. ? 1.2 Identify Contracts With Customers Def inition: ? Contract— an agreement between two or more parties that creates enforceable rights and obligations. ? Contracts can be written, verbal or implied based on an entitys customary business practices. ? Customer— a party that has contracted with an entity to obtain goods or services that are an output of the entitys ordinary activities in exchange for consideration. ? The revenue recognition principles of IFRS 15 apply only when a contract meets all of the following criteria:* ? *the parties to the contract have approved the contract; ? *the entity can identify each partys rights regarding the goods or services in the contract; ? *the payment terms can be identified; ? *the contract has commercial substance; and* ? *it is probable that the entity will collect the consideration due under the contract.* ? 1.3 Identify Performance Obligations ? Performance obligation— a promise to transfer to a customer: ? *a good or service (or bundle of goods or services) that is distinct; or ? *a series of goods or services that are substantially the same and are transferred in the same way. ? If a promise to transfer a good or service is not distinct from other goo