Revenue – ifrs 15 handbook

6.3 
Partially in scope
In some cases, there will be little or no residual amount remaining to allocate .............................................................. 167
A counterparty may be both a collaborator and a customer ........................................................................................... 168
Rate-regulated entities applying specific requirements do not apply the standard to movements in regulatory
deferral account balances .............................................................................................................................................. 168
Parts of the standard apply to sales of non-financial assets ........................................................................................... 168
Financial services fees – Revenue vs financial instruments standard ............................................................................ 168
Determining the contract term when a contract contains lease and non-lease components ......................................... 169
6.4 
Portfolio approach
Entities need to consider costs vs benefits of portfolio approach .................................................................................. 172
No specific guidance on assessing whether portfolio approach can be used................................................................. 172

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Index of KPMG insights | 359
7 
Contract costs
7.1 
Costs of obtaining a contract
Practical expedient applies if the amortisation period is less than one year ................................................................... 175
Capitalising commission when associated liability is accrued ....................................................................................... 175
Judgement required for multiple-tier commissions ........................................................................................................176