JUMOQ Learning · Revenue & Government Grants

Applying Ind AS 115 - Contract Modifications, Combination and Contract Balances

Apply the modification decision tree and present contract assets, receivables and contract liabilities with a defensible audit trail.

INDAS115-I01Intermediate

Course director: Venkata Subramani Ramachandra

2 hr 54 minFull study estimate

Full study estimate: 2 hr 54 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.

Course orientation

VideoFrom Standard Requirements to an Applied Accounting Workflow
VideoInd AS 115 Architecture and Learning Path

Separate-contract modification

LessonSeparate-contract modification
VideoContract Modification Decision Tree
QuizLesson 1 knowledge check
Decision MissionDecision Mission - choose and justify the accounting pathway

Prospective accounting

LessonProspective accounting
VideoContract Assets, Receivables and Contract Liabilities
QuizLesson 2 knowledge check
Case QuestCase Quest - investigate the evidence and reach a conclusion

Cumulative catch-up

LessonCumulative catch-up
QuizLesson 3 knowledge check

Contract assets and receivables

LessonContract assets and receivables
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the applied accounting workflow

Contract liabilities and presentation

LessonContract liabilities and presentation
QuizLesson 5 knowledge check

Decision framework for modifications and balances

LessonDecision framework for modifications and balances
QuizLesson 6 knowledge check
AssignmentTechnical Assignment - prepare an accounting paper and workings
Downloadable resourceINDAS115-I01-DP01
Downloadable resourceInd AS 115 Standard Map, Scope and Decision Checklist

Final Assessment

QuizApplying Ind AS 115 - Contract Modifications, Combination and Contract Balances - 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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