Objectives

The purpose of the training is to analyse the IFRS 15 standard so that participants can estimate the impact on their company, whether an in-house IFRS account preparer or as an IFRS accounts auditor.

Content

  • IFRS 15: Why
  • IFRS 15: How (joint project with FASB)
  • The 5-step approach (identification of the contract, identification of separate service delivery obligations, determination of the transaction price, allocation of the transaction price to the various separate service delivery obligations, and accounting of the revenue at the time of / during the course of separate deliveries of service.
  • Contract costs
  • Presentation
  • Information to be provided
  • Transitional provisions and entry into force

Speakers

Our speakers come from all over our specialised and complementary teams, covering all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.

Target audience

The training is intended for in-house and external preparers, as well as company managers and directors wishing to gain a quick-fire overview of the new standard and its operational implications.

Duration

4 hours.

Language

French

For any information, please contact us by e-mail institute@arendt.com

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Yvan Stempnierwsky

Yvan Stempnierwsky is a member of the Tax Law practice at Arendt & Medernach where he is in charge of the Financial Reporting and Accounting Standards practice. He advises clients on the accounting treatment of complex transactions under Luxembourg Generally Accepted Accounting Principles (LUX GAAP), Belgian GAAP, International Financial Reporting Standards (IFRS), US GAAP, Not-for Profit Accounting Law and Public Sector Accounting Law. Yvan’s expertise includes providing assistance to listed companies during IFRS enforcements. He has been a member of the Brussels Bar since 2008 and was admitted by the Luxembourg Bar in 2013 to practice in Luxembourg under his Belgian professional title. Yva...

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IFRS 16 - impacts sur les locations