IFRS 15 Disclosure of disaggregated revenue

Last Updated on 03/02/2020 by 75385885

IFRS 15 Revenue from contracts with customersIFRS 15 Disclosure of disaggregated revenue

IFRS 15 Disclosure of disaggregated revenue

B87 Paragraph 114 requires an entity to disaggregate revenue from contracts with customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.

Some entities may need to use more than one type of category to meet the objective in paragraph 114 for disaggregating revenue. Other entities may meet the objective by using only one type of category to disaggregate revenue.

B88 When selecting the type of category (or categories) to use to disaggregate revenue, an entity shall consider how information about the entity’s revenue has been presented for other purposes, including all of the following:

  1. disclosures presented outside the financial statements (for example, in earnings releases, annual reports or investor presentations);
  2. information regularly reviewed by the chief operating decision maker for evaluating the financial performance of operating segments; and
  3. other information that is similar to the types of information identified in paragraph B88(a) and (b) and that is used by the entity or users of the entity’s financial statements to evaluate the entity’s financial performance or make resource allocation decisions.

B89 Examples of categories that might be appropriate include, but are not limited to, all of the following:

  1. type of good or service (for example, major product lines);
  2. geographical region (for example, country or region);
  3. market or type of customer (for example, government and non-government customers);
  4. type of contract (for example, fixed-price and time-and-materials contracts);
  5. contract duration (for example, short-term and long-term contracts);
  6. timing of transfer of goods or services (for example, revenue from goods or services transferred to customers at a point in time and revenue from goods or services transferred over time); and
  7. sales channels (for example, goods sold directly to consumers and goods sold through intermediaries).

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Last Updated on 03/02/2020 by 75385885

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IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue IFRS 15 Disclosure of disaggregated revenue

customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.

customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.

customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.

customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.

customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Consequently, the extent to which an entity’s revenue is disaggregated for the purposes of this disclosure depends on the facts and circumstances that pertain to the entity’s contracts with customers.