IFRS 15 – Revenue Recognition and Real Estate Funding Option and Investment

Overview

IFRS 15 – which became effective for annual periods beginning on or after 1 January 2018 – established a comprehensive framework for determining when revenue should be recognised and how it should be measured.

This course will provide an overview of IFRS 15, with a focus on exploring the common application challenges relating to both point in time and over time revenue recognition and measurement. Examples will be used throughout to explain key concepts and illustrate their application.

This training program also offers participants a comprehensive insight into real estate financing and investments, emphasizing a comparative analysis with conventional financing and investment approaches. Attendees will acquire a thorough understanding of diverse facets within the real estate sector, covering fundamental principles, risk management strategies in real estate investment, and enhancing decision-making skills in the domain.

Objective

• Understand and apply the five-step approach for determining how and when to recognize revenue.
• Learn practical applications of the revenue recognition standard.
• Account for contract modifications accurately under the standard.
• Determine when to capitalize contract costs.
• Comply with presentation and disclosure requirements.
• Gain insight into the real estate sector and its operational dynamics.
• Understand the different types of investors in the real estate business.
• Explore financing options available for commercial and individual real estate investments.
• Apply traditional finance and investment theories to real estate business decision-making.
• Construct investment portfolios using REITs (Real Estate Investment Trusts) and equity instruments.