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- Title
TFRS 15 KAPSAMINDA MÜŞTERİ SÖZLEŞMELERINDEN HASILATIN RAPORLANMASI: MARKET ZİNCİRİ SÖZLEŞMESİ ÖRNEĞİ.
- Authors
ÖZBAY, Üyesi Deniz; ADIGÜZEL, Hümeyra
- Abstract
TFRS 15 Revenue from Contracts with Customers, which entered into force as of 01/01/2018, brought significant changes for businesses. The standard aims to generate a single structure in the reporting of revenue by eliminating the deficiencies and uncertainties in the old standards, and also providing more comprehensive and comparable information. TFRS 15 sets principles regarding the nature, amount, and timing of the revenue arising from the contracts with customers and brought a different perspective from previous standards regarding the recognition and accounting of revenue. The most important purpose of the standard is to determine when and what amount of the contractual income with customers will be recognized. For this purpose, the standard explains the recognition of revenue within the frame of a fivestep model. The purpose of the study is to explain the recognition of revenue within the scope of TFRS 15 and the changes brought by the standard over an example of a market chain agreement.
- Subjects
REVENUE accounting; MARKETING agreements; CONTRACTS
- Publication
Financial Analysis / Mali Cozum Dergisi, 2021, Vol 31, Issue 168, p77
- ISSN
1303-5444
- Publication type
Article