JUMOQ Learning · Revenue & Government Grants

Ind AS 115 Foundations - Transaction Price, Variable Consideration and Financing Foundations

Determine the transaction price, estimate and constrain variable consideration, and address financing, non-cash terms and payments to customers.

INDAS115-B03Basic

Course director: Venkata Subramani Ramachandra

2 hr 1 minFull study estimate

Full study estimate: 2 hr 1 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.

Fixed consideration

LessonFixed consideration
VideoBuild the Transaction Price
QuizLesson 1 knowledge check
Decision MissionDecision Mission - choose and justify the accounting pathway

Variable consideration and constraint

LessonVariable consideration and constraint
VideoEstimate and Constrain Variable Consideration
QuizLesson 2 knowledge check

Significant financing component

LessonSignificant financing component
VideoSeparate Financing from Revenue
QuizLesson 3 knowledge check
Impact SimulatorImpact Simulator - test measurement and sensitivity assumptions

Non-cash consideration

LessonNon-cash consideration
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the applied accounting workflow

Consideration payable to a customer

LessonConsideration payable to a customer
QuizLesson 5 knowledge check
Downloadable resourceINDAS115-B03-DP01
Downloadable resourceInd AS 115 Standard Map, Scope and Decision Checklist

Final Assessment

QuizInd AS 115 Foundations - Transaction Price, Variable Consideration and Financing Foundations - 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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