Revenue – ifrs 15 handbook

4.3 Changes in the transaction price
Example 12 – Discretionary credit: Service quality issue ................................................................................................ 111
Example 13 – Discretionary credit: Retention .................................................................................................................112
5 
Step 5 – Recognise revenue when or as the entity satisfies a performance obligation
5.1 
Transfer of control
5.2 Performance obligations satisfied over time
Example 1 – Assessing whether another entity would need to reperform the work completed .....................................117
Example 2 – Applying the guidance on alternative use ...................................................................................................119
Example 3 – Applying the guidance on alternative use: Automotive supplier ..................................................................119
Example 4 – Applying the over-time criteria: Consulting contract .................................................................................. 123
Example 5 – Applying the over-time criteria: Sales of real estate: No alternative use and enforceable right to
payment ........................................................................................................................................................................ 124
Example 6 – Applying the over-time criteria: Bottle manufacturer .................................................................................. 129
Example 7A – Applying the over-time criteria: Real estate developer: Criterion 3 not met (1) ........................................ 129
Example 7B – Applying the over-time criteria: Real estate developer: Criterion 3 not met (2) ........................................ 130
Example 8 – Applying the over-time criteria: No enforceable right to payment .............................................................. 131