Lesson.No : 05
00:06:08
Contract Asset (IFRS 15) vs. Trade Receivable - what's the difference?
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Course Lessons

1- IFRS 15 Revenue from Contracts with Customers + Free Checklist, relevant in 2026
2- IFRS 15 Explained: 5-Step Model + Telecom Example + Free Journal Entry Template
3- Principal vs Agent IFRS 15: Gross Revenue or Net Commission?
4- Barter transactions under IFRS: accounting explained
5- Contract Asset (IFRS 15) vs. Trade Receivable - what's the difference?

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Youtube

31-08-2026

Video of Contract Asset (IFRS 15) vs. Trade Receivable - what's the difference? in IFRS Certificate course by Silvia of CPDbox channel, video No. 5 free certified online

Learn when to account for contract asset vs. trade receivable - decide based on ONE factor.
Please note for the sake of simplicity we are simply assuming here that the performance obligation is satisfied OVER TIME, not at the point of time (despite the fact that the call centre was handed over at the end of the project). This is not the main focus of this video. Thanks!
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