Simply put, you must now track and recognise both direct, and incremental costs of each and every contract, including the commission you pay your sales reps. However, despite the fact that the new regulations came into play on January 1st 2018, many organisations were not prepared about the impacts these new regulations would have. But do not worry, it’s not too late.
In this webinar we will discuss:
• An update so far on the first 6 months after IFRS 15 came into effect
• Best practices and how to have success in the long term
• The impact IFRS 15 will have on incentive plan designs, plan calculations and reporting, including example scenarios
Whether your IFRS 15 compliance process is underway, or you’re just starting out, this webinar will help you get up to speed with all things revenue recognition. It’s not too late, but you need to start now!