Indas 115 Revenue from Contracts with Customers 10 16m12s
1 Scope 2 Come 3 Five step Model
principle
a
top Identifying step Identify step Determine step Allocate step Recognise
the contract P.O TP TP to P O Revenue
step Identifying the Contract
foutout 2
Criteria for ContractModifications
Combining Contracts
Recognising a Team
contoratt
0
Step Identify P
Distinct Promise to
tratster a
p0
series of distinctgoods
or services having same
pattern of transfer
Step 3 Determining T.P
u t t
variabit Constraining Significant NonCash
considffation
Consideration Est of payable to a
financing consideration
variable component customer
Consideration He
slottingfees
1
2 Co
op AdvtArrangements
3 Price Protection
, IF stepa Allocating TP
to P O
Determining Standalone Allocation Allocation Changes in
sellingPrice of Discount of Variable Transaction
Price
Consideration
Revenue
Steps Recognise
I
4 to
Transferof methods Transferof control
control of
control at apoint in time
over a period
measuring
in time Progress
Special Cases
A
1 Principal vs 2 NonRefundable 3 Customes
options
4 Sale with
Agent upfrontfees for additional a
Right to
Goods Services Return
6
5 Accounting for 6 arranties 7 consignment 8 Sale 4 epurchase
Restockingfees Arrangements Agreements
INI
9 BYUA hold 10 licenses of 11 co aact 12 Service Concession
Costs
Intellectual Arrangements
Property
, Conceptual clarity the
Eg customer pen over
period
a
CG
Ind
co Allocation
148Internet seavice 12K 6k 10k
Relignee Tio
1214201
Router free 6K 3K 10K 6k12g
Internet service
5104000 1k
Installn free 10x 2k
son
Day 2
I
Standalone sells Price
Revenue Day
onetime
service
JE CTI
Day CIB All PG 10,000
To Revenue Alc 4K
TO Adv Rev All
istmouthend Adv Rev 500
TO Rex 500
6000 12m
2ⁿᵈ monthend
i
7ᵗʰ month end
, Step
Exception 5 conditions of step Not met still Recog Revenue
customer
Eg Priyank wants to buy house foman me IEM
1010
token money Ind As115
Areas 10000
To Adv RevCliab 10000
Day 5 conditions Not met
After Idays Priyank Rejected the army House
On token money forfeit
Adu Inc Alc Do 10k Booked even if 5 conditions not met
To Revenue 10k
1 Scope 2 Come 3 Five step Model
principle
a
top Identifying step Identify step Determine step Allocate step Recognise
the contract P.O TP TP to P O Revenue
step Identifying the Contract
foutout 2
Criteria for ContractModifications
Combining Contracts
Recognising a Team
contoratt
0
Step Identify P
Distinct Promise to
tratster a
p0
series of distinctgoods
or services having same
pattern of transfer
Step 3 Determining T.P
u t t
variabit Constraining Significant NonCash
considffation
Consideration Est of payable to a
financing consideration
variable component customer
Consideration He
slottingfees
1
2 Co
op AdvtArrangements
3 Price Protection
, IF stepa Allocating TP
to P O
Determining Standalone Allocation Allocation Changes in
sellingPrice of Discount of Variable Transaction
Price
Consideration
Revenue
Steps Recognise
I
4 to
Transferof methods Transferof control
control of
control at apoint in time
over a period
measuring
in time Progress
Special Cases
A
1 Principal vs 2 NonRefundable 3 Customes
options
4 Sale with
Agent upfrontfees for additional a
Right to
Goods Services Return
6
5 Accounting for 6 arranties 7 consignment 8 Sale 4 epurchase
Restockingfees Arrangements Agreements
INI
9 BYUA hold 10 licenses of 11 co aact 12 Service Concession
Costs
Intellectual Arrangements
Property
, Conceptual clarity the
Eg customer pen over
period
a
CG
Ind
co Allocation
148Internet seavice 12K 6k 10k
Relignee Tio
1214201
Router free 6K 3K 10K 6k12g
Internet service
5104000 1k
Installn free 10x 2k
son
Day 2
I
Standalone sells Price
Revenue Day
onetime
service
JE CTI
Day CIB All PG 10,000
To Revenue Alc 4K
TO Adv Rev All
istmouthend Adv Rev 500
TO Rex 500
6000 12m
2ⁿᵈ monthend
i
7ᵗʰ month end
, Step
Exception 5 conditions of step Not met still Recog Revenue
customer
Eg Priyank wants to buy house foman me IEM
1010
token money Ind As115
Areas 10000
To Adv RevCliab 10000
Day 5 conditions Not met
After Idays Priyank Rejected the army House
On token money forfeit
Adu Inc Alc Do 10k Booked even if 5 conditions not met
To Revenue 10k
