Revenue – ifrs 15 handbook

entity satisfies a performance obligation 
113
5.1 Transfer of control 
114
5.2 Performance obligations satisfied over time 115
5.3 Measuring progress towards complete 
satisfaction of a performance obligation 
131
5.4 Performance obligations satisfied at a point 
in time 
148
5.5 Repurchase agreements 
151
5.6 Consignment arrangements 
156
5.7 Bill-and-hold arrangements 
159
5.8 Customer acceptance 
161
6 Scope 
162
6.1 In scope 
162
6.2 Out of scope 
163
6.3 Partially in scope 
165
6.4 Portfolio approach 
171
7 Contract costs 
173
7.1 
Costs of obtaining a contract 
173
7.2 
Costs of fulfilling a contract 
179
7.3 Amortisation 
187
7.4 Impairment 
192
8 Contract modifications 
194
8.1 Identifying a contract modification 
194
8.2 Accounting for a contract modification 
198
9 Licensing 
206
9.1 Licences of intellectual property 
207
9.2 Determining whether a licence is distinct 
209
9.3 Determining the nature of a distinct licence 214
9.4 Timing and pattern of revenue recognition 
220
9.5 Contractual restrictions and attributes of 
licences
223
9.6 Sales- or usage-based royalties 
225
10 Other application issues 
234
10.1 Sale with a right of return 
234
10.2 Warranties 
239
10.3 Principal vs agent considerations 
244
10.4 Customer options for additional goods 
or services 
263
10.5 Customers’ unexercised rights (breakage) 
285
10.6 Non-refundable up-front fees 
289
10.7 Sales outside ordinary activities 
295