The webcast series includes a detailed discussion and a variety of examples for each step of the new revenue recognition model by our panel of subject-matter professionals.
The second webcast in this series will cover the following requirements of the new revenue recognition standard:
- Determining the Transaction Price (Step 3)
- Allocating the Transaction Price to the Performance Obligations in the Contract (Step 4)
- Capitalization of costs to obtain and fulfill a contract
Our webcast panel will also cover the key implications of these aspects of the standard and a variety of examples highlighting areas where questions have been raised.
Panelists:
James Luke Partner, African Professional Practice Group Ernst & Young Incorporated
James Luke is a Partner and IFRS desk leader in the African Professional Practice Group of Ernst & Young Incorporated based in South Africa. He is an EY representative on the IASB/FASB’s Joint Transition Group for Revenue Recognition (TRG). He is a member of the EY Global Revenue Recognition subject matter group and the Chair of the EY Global Fair Value Measurement subject matter group.
Angela Covic, Senior Manager, Ernst & Young LLP (UK) EY Global Professional Practice – IFRS Services
Angela Covic is a member of the IFRS Services team in Ernst & Young LLP in London, as well of the EY Global IFRS team. She also sits on EY Global subject matter groups for Revenue Recognition and Fair value Measurement.
Steve Martin, Global Professional Practice – IFRS Services Ernst & Young LLP (UK)
Steve A. Martin is a senior member of the Global IFRS Services team at Ernst & Young LLP in London. He is also a member of the EY Global Revenue Recognition subject matter group and its IFRS sector group for Technology.
Moderator:
Luci Wright, Ernst & Young Global Limited Executive Director, Global Professional Practice – IFRS Services
Luci Wright is a member of the Global IFRS Services team in London. She is also a member of the Global Business combination and Conceptual Framework subject matter groups.
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