JUMOQ Learning · Revenue & Government Grants

Ind AS 115 Foundations - Performance Obligations and Distinct Goods or Services

Identify promised goods and services, assess whether they are distinct and determine the performance obligations in a customer contract.

INDAS115-B02Basic

Course director: Venkata Subramani Ramachandra

1 hr 41 minFull study estimate

Full study estimate: 1 hr 41 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Promises in a contract

LessonPromises in a contract
VideoFrom Contract Promises to Performance Obligations
QuizLesson 1 knowledge check
Decision MissionDecision Mission - choose and justify the accounting pathway

Distinct criteria

LessonDistinct criteria
VideoThe Two Distinct Tests
QuizLesson 2 knowledge check

Series provision

LessonSeries provision
VideoSeries Provision and Administrative Activities
QuizLesson 3 knowledge check

Principal promise versus administrative tasks

LessonPrincipal promise versus administrative tasks
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the applied accounting workflow

Identifying performance obligations

LessonIdentifying performance obligations
QuizLesson 5 knowledge check
Downloadable resourceInd AS 115 Standard Map, Scope and Decision Checklist

Final Assessment

QuizInd AS 115 Foundations - Performance Obligations and Distinct Goods or Services - Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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