This standard impacts every company and is foundational to your financial reporting.
This course provides a comprehensive overview of IFRS 15, the international standard for revenue recognition. IFRS 15 establishes the principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows from contracts with customers. It replaces earlier standards, including IAS 18, and has become the central framework for revenue recognition in financial reporting across industries.
Participants will gain a clear understanding of how IFRS 15 differs from previous standards and how it can significantly change the way organizations recognize revenue—often in ways that are unexpected. This course is essential for accounting professionals who want to ensure compliance, improve reporting accuracy, and better communicate financial performance under the IFRS 15 model.
Finance Educator
As a senior finance professional with extensive corporate reporting experience and over a decade of financial reporting and accounting experience, Tess has led the implementation of numerous complex accounting standards, including the full implementation of IFRS for a large public corporation. Her accounting experience encompasses a broad range of areas including: internal controls over financial reporting, consolidation, M&A and equity accounting, foreign currency hedging, process improvement, Canadian and U.S. taxation, not-for-profit reporting, and audit. Throughout her career, Tess has also led a variety of training sessions ranging from accounting and regulatory standards to personal finance.
This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.
If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.
