CERTYNEX IFRS ACADEMY

Elvinor grants volume rebates, sells bundled offers and accepts returns. For which matters must it disclose the methods, inputs and assumptions used?

The amount of the rebate granted to each customer, presented contract by contract.

Determining the transaction price, including estimating variable consideration.

Assessing whether an estimate of variable consideration is constrained.

Calculating the income tax on revenue for the period.

Allocating the transaction price, including estimating stand-alone selling prices.

Measuring obligations for returns, refunds and other similar obligations.