Ias 18 venituri pdf files

This part presents the following accompanying document. This standard shall be applied in accounting for revenue arising from the following transactions and events. This standard shall be applied in accounting for revenue arising from the following transactions and. Hi mike, i have a confusion most of the people are saying about ias 18 i have a recent text book from kaplan which has ifrs 15 which covers revenue recognition from contracts with customer as i have not finished all the iass is there any difference between the previous ias 18 which you mentioned will not be examinable fromseptember onwards and the ifrs 15. However, these areas will not necessarily involve the application of judgement.

It does not cover revenue arising from leases, dividends from associates, insurance contracts, and changes in fair values or. Revenue from contracts with customers from 1 january 2018. All the paragraphs have equal authority but retain the iasc format of the standard when it was adopted by the iasb. This amendment has been adopted by the european union in december 2015. Spotlight on key judgements and estimates disclosures 3 determining an appropriate discount rate for pension obligations where there is a range of rates on high. Revenue is measured at the fair value of the consideration received or receivable and recognised when prescribed conditions are met, which depend on the nature of the revenue. Ias 18 is applicable for annual reporting periods commencing on or after 1 january 1995. However, exchanges fordissimilar items are regarded as generatingrevenue. Illustrative examples sale of goods rendering of services. Revenue is recognised when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. Deloitte refers to one or more of deloitte touche tohmatsu limited dttl, its global. Descrierea reformei managementului financiar public despre.

I of ias 19r on defined benefit schemes taf consult. Ias 18 outlines the accounting requirements for when to recognise revenue from the sale of goods, rendering of services and for interest, royalties and dividends. In may 1999, ias 10 revised 1999, events after the balance sheet date, amended paragraph 36. Iasb document published to accompany international. The amendments to ias 1, applicable for the financial years starting from or after the 1st of january 2016. The accounting standard ias 11 sets out the accounting treatment of revenue and costs associated with construction contracts. Revenue is the gross inflow of economic benefits during the. Ias 18 sets out the required accounting treatment for revenue arising from the sale of goods, the rendering of services, and the use by others of assets yielding. Ias 36 impairment of assets ifrsbox making ifrs easy. Descrierea reformei managementului financiar public.

Care vor fi efectele in situatiile financiare conform ias 18 venituri. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments. Ias 36 also says that the the distinctive characteristics of corporate assets are that they do not generate cash inflows independently of other assets and also, because of that, the recoverable amount of an individual corporate asset cannot be determined unless management has decided to dispose of the asset paragraphs 100, 101. Ias 18 addresses when to recognise and how to measure revenue.

Venituri din vanzari 3 72,283,410 55,982,491 sales revenues. Spotlight on key judgements and estimates disclosures. Ias 20 accounting for government grants and disclosure of. International financial reporting standards ifrs 3 statement of financial position presentation information to be presented in the statement of financial position ias 1 paragraphs 54 provide the minimum line items to be included on the face of the statement of financial position. The international accounting standards committee the iasc, originally, and now its successor, the international accounting standards board the iasb, has made clear the intention to not duplicate this body of guidance, and to adhere to a philosophy of providing general guidance rather than detailed. Scope ias 18 prescribes the accounting treatment of revenue. Jun 27, 2015 hi mike, i have a confusion most of the people are saying about ias 18 i have a recent text book from kaplan which has ifrs 15 which covers revenue recognition from contracts with customer as i have not finished all the iass is there any difference between the previous ias 18 which you mentioned will not be examinable fromseptember onwards and the ifrs 15. The ifrs foundation provides free access through basic registration to the pdf files of the current years consolidated ifrs standards part a of the issued standardsthe red book, the conceptual framework for. Ifric customer loyalty programmes ifric 15 agreements for the construction of real estate sic31 revenue barter transactions involving advertising services effective date periods beginning on or after 1 january 1995 specific quantitative disclosure requirements. Venituri din activele imobilizate sau grupurile destinate cedarii detinute in vederea vanzarii ct. The effective date of the latest amendments is 1 january 20.

Ias 18 was reissued in december 1993 and is operative for. For information, contact deloitte touche tohmatsu limited. This standard identifies the circumstances in which these criteria will be met and, therefore, revenue. Situatia care reflecta diferentele dintre tratamentul. Iasb document published to accompany international accounting. Ias 18 revenue the primary issue in accounting for revenue is determining when to recognise revenue. International accounting standard 18 revenue the text of the unaccompanied ias 18 is contained in part a of this edition. Ias 27 should be read in the context of the basis for conclusions, the preface to. Measurement of revenue revenue should be measured at the fairvalue of the consideration received orreceivable. Liability the tax base of a liability 8 its carrying amount any amount that will be deductible for tax purposes in respect of that liability in future periods in the case of revenue which is received in advance, the tax base of the resulting liability is its. Ias 18 had originally been issued by the iasc in december 1993.

In january 2001, ias 41, agriculture, amended paragraph 6. Revenue should be measured at the fair value of the consideration received receivable. The ifrs foundations logo and the ifrs for smes logo, the iasb logo, the hexagon device, eifrs, ias, iasb, ifric, ifrs, ifrs for smes, ifrs foundation, international accounting standards, international financial reporting standards, niif and sic are registered trade marks of the ifrs foundation, further details of which are available from the ifrs. Ias 18 requires,when services are performed by the entity in a continuous manner over a specified period of time, then entity will recognize the related revenue on a straightlinebasis over the specified period unless some other method is appropriate to determine the stage of completion. The direction gainslosses depends on the unrealized actuarial gains and losses at the time. Ias 18 revenue outlines the accounting requirements for when to recognise revenue from the sale of goods, rendering of services, and for interest, royalties and dividends. The modified text will be effective for annual financial statements covering periods beginning on or after january 1, 2000. Projectsiasbprojectsrevenuerecognitiondocumentsifrs15revenue from.