The challenge to manage Allocation Agreement can consume your time and overwhelm you. But no more - DocHub is here to take the effort out of editing and completing your papers. You can forget about spending hours adjusting, signing, and organizing papers and worrying about data safety. Our solution offers industry-leading data protection procedures, so you don’t have to think twice about trusting us with your privat data.
DocHub works with various file formats and is available across multiple systems.
hello everyone welcome back my name is mallory and today i will be walking you through a technical guide on how to treat a loyalty program under ifrs 15. first lets review the core concepts of ifrs 15. this standard establishes the principles that an entity applies when reporting information about the nature amount timing and uncertainty of revenue in cash flows from a contract with a customer to recognize revenue under ifrs 15 an entity applies the following five steps the first is to identify the contracts with the customer the second is to identify the performance obligations in the contract in this case performance obligations are promises in a contract to transfer to a customer goods or services that are distinct the third criteria is to determine the transaction price and this is the amount of consideration that an entity expects to be entitled to the fourth is to allocate this transaction price to each performance obligation on the basis of the relative standalone selling price
