⏰学习时间：
receivablecontract assetcontract liability
financial liability：an obligation to repurchase/ repurchase＞selling price/ call option
M
🖊Presentation on the statement of financial position
N
The customer does not obtain control of the product at the delivery date
Bill and hold arrangements
output methods：sales value transferred to customers/Total contract priceinput methods：costs incurred of the entity/Total costs
firstly
Consignment arrangements
Repurchase agreements
🔍委托代理
🔍质保
√：income /ordinary activities×：sale of non-current assets or sales tax are not revenue
🖊Common types of transaction
🖊Methods of measuring progress
wholesaler：products may be returnedretailer：can return any unsold goods for a refund
Dr receivable 300Cr contract asset 100Cr revenue 200
then
📚学习内容：
IFRS15 Revenue from contracts with customers
🔍售后回购
Principals and agents
IFRS 15 revenue：customer has the option to purchase a warranty separatelyIAS 37 Provisions：does not have the option to purchase the warranty separately
🖊Recognition-five step process
🔍寄售安排
I.contractII.separate performance obligationsIII.transaction priceIV.AllocateV.Recognise/satisfies a performance obligation
🔍开票与存货安排
与收入的确认相关
Warranties
product b
🔍常见的交易类型
IFRS 15 和 CAS 收入准则在核心理念上基本一致，尤其是在履约义务和收入确认的五步法上。但 IFRS 15 更加细致和具体，尤其是在合同变更、可变对价和成本确认方面有更加明确的指导原则。
🔍定义
🔍收入确认五步法
product a
与收入的计量相关
Example:The contract stipulates that M is entitled to receive the consideration from N only if he delivers both products a and b.font color=\"#9d8c88\
🖊Definitions
Principals：credit risk/responsible for fulfilling the contract/negotiating the priceAgents：commission/not obtain control
🔍收入确认方法
Dr contract asset 100Cr revenue 100
🔍财务报表中的列报
Goods are sold but remain in the possession of the seller for a specified period of time.Criteria：substantive/sparately identified/ready for physical transfer/seller cannot have the ability to use
💡总结
