Contabilitatea veniturilor prin prisma IFRS 15 “venituri din contractele cu clienții”

Abstract

One of the most controversial issues in modern accounting is revenue accounting. It is important to keep in mind the rules regarding the period of recognition of income, because all profits and losses, the reputation of the entity and yours in front of the outside world and your taxes depend on it. As a result of research on this topic, new approaches to revenue from customer contracts were highlighted. The main objective of the study was the comparative analysis between IFRS 15 and IAS 18. The recognition, evaluation, accounting and presentation in the financial statements was analyzed. As a result, the particularities of the new IFRS 15 were obtained: the main criteria for revenue recognition, such as the identification of the contract, the obligations, the price, the allocation of the transaction price for the execution obligations and finally - the recognition of the income. Essential for IFRS 15, compared to IAS 18, is the consideration of criteria such as the goodness (solvency) of the buyer and the interest for the final result. In conclusion, the changes made to the old reporting standards and those included in IFRS 15 have met several objectives regarding the correct collection of revenues. JEL: M41