JUMOQ Learning · Revenue & Government Grants

Applying Ind AS 115 - Allocating Transaction Price and Standalone Selling Prices

Estimate stand-alone selling prices, allocate consideration and analyse discounts and variable amounts assigned to specific performance obligations.

INDAS115-I02Intermediate

Course director: Venkata Subramani Ramachandra

3 hr 10 minFull study estimate

Full study estimate: 3 hr 10 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.

Observable stand-alone selling prices

LessonObservable stand-alone selling prices
VideoObservable SSP and the Allocation Objective
QuizLesson 1 knowledge check
Decision MissionDecision Mission - choose and justify the accounting pathway

Adjusted market assessment

LessonAdjusted market assessment
VideoAdjusted Market Assessment
QuizLesson 2 knowledge check
Case QuestCase Quest - investigate the evidence and reach a conclusion

Expected cost plus margin

LessonExpected cost plus margin
VideoExpected Cost Plus Margin and Residual Approach
QuizLesson 3 knowledge check
Impact SimulatorImpact Simulator - test measurement and sensitivity assumptions

Residual approach

LessonResidual approach
VideoSpecific Allocation of Discounts and Variable Consideration
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the applied accounting workflow

Discounts and variable consideration allocation

LessonDiscounts and variable consideration allocation
QuizLesson 5 knowledge check

Decision framework for allocation

LessonDecision framework for allocation
QuizLesson 6 knowledge check
AssignmentTechnical Assignment - prepare an accounting paper and workings
Downloadable resourceINDAS115-I02-DP01
Downloadable resourceInd AS 115 Standard Map, Scope and Decision Checklist

Final Assessment

QuizApplying Ind AS 115 - Allocating Transaction Price and Standalone Selling Prices - Final Assessment

Certificate

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

Checking current course access…