IFRS 15: Volume Discount

IFRS 15: Volume Discount

Course Overview: Mastering IFRS 15 - Volume Discount Accounting

Welcome to this comprehensive course on IFRS 15, the International Financial Reporting Standard for Revenue from Contracts with Customers. In this specialized edition, we focus on a crucial topic: accounting for Volume Discounts. Understanding how to account for volume-based pricing is vital for businesses seeking compliance with IFRS 15.

Key Course Components:

  1. Introduction to IFRS 15: We begin with an introduction to IFRS 15, highlighting its significance in standardizing revenue recognition and improving financial reporting.

  2. Exploring Volume Discounts: The course delves into the concept of volume discounts, explaining what they are and when they come into play. Learn how they impact pricing and revenue recognition.

  3. Accounting Treatment: We explore the accounting treatment of volume discounts, including how to allocate discounts, when to recognize revenue, and the impact on financial statements.

  4. Measurement and Allocation: The course provides guidance on the measurement and allocation of revenue in the presence of volume discounts. Understand how to calculate and apply these discounts accurately.

  5. Disclosure Requirements: We discuss the disclosure requirements related to volume discounts. Learn how to communicate this information transparently in financial statements.

  6. Real-Life Scenarios: Real-world examples and scenarios help illustrate how IFRS 15 is applied to volume discount transactions.

Why It Matters:

Properly accounting for volume discounts is essential for financial transparency, regulatory compliance, and accurate financial statements. Businesses that offer volume-based pricing must understand how to recognize revenue correctly.

Course Benefits:

By the end of this course, you'll have the knowledge and tools needed to confidently account for volume discounts under IFRS 15. Whether you're an accountant, financial analyst, or business professional involved in financial reporting, this course empowers you to navigate these pricing structures with precision.


Join us as we unravel the complexities of accounting for volume discounts under IFRS 15. This course offers a practical and comprehensive guide to understanding, implementing, and complying with these critical accounting principles.

Watch the full course to embark on your journey to mastery of IFRS 15: Volume Discount Accounting and enhance your expertise in the dynamic field of financial reporting.

 Course Director
The Financeer
 Last Update
 Completion Time
9 minutes
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IFRS Accounting
    • IFRS 15: Volume Discount