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INTERNAL BANK USE ONLY DATE ACCOUNT OPENED RIM / CIF # OPENING BRANCH OPENING REASON (MARKETING)PERSONAL ACCOUNT OPENING APPLICATION Type of Account Required Silver AdvantagePriority ChequingPrestige

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How to fill out revenue - ifrs 15

01

Identify the contract with the customer

02

Identify the performance obligations in the contract

03

Determine the transaction price

04

Allocate the transaction price to the performance obligations

05

Recognize revenue as the performance obligations are satisfied

Who needs revenue - ifrs 15?

01

Companies that need to comply with International Financial Reporting Standards (IFRS)

02

Businesses that enter into contracts with customers for the provision of goods or services

03

Organizations that need to accurately report their revenue in accordance with IFRS guidelines

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What is revenue - ifrs 15?

Revenue - IFRS 15 refers to the revenue recognition standard under International Financial Reporting Standards 15, which outlines the principles for recognizing revenue from contracts with customers.

Who is required to file revenue - ifrs 15?

Entities that enter into contracts with customers for the transfer of goods or services are required to file revenue - IFRS 15.

How to fill out revenue - ifrs 15?

Revenue - IFRS 15 should be filled out by following the guidelines and principles outlined in the standard, ensuring proper recognition and measurement of revenue from customer contracts.

What is the purpose of revenue - ifrs 15?

The purpose of revenue - IFRS 15 is to provide a comprehensive framework for recognizing revenue from customer contracts in a consistent and transparent manner.

What information must be reported on revenue - ifrs 15?

Information such as the amount, timing, and uncertainty of revenue from contracts with customers must be reported on revenue - IFRS 15.

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