UNIVERSITY OF GHANA

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FIRST SEMESTER INTERNAL ASSESSMENT, 2021/2022

DEPARTMENT OF ACCOUNTING
ACCT 301: FINANCIAL REPORTING I (3 CREDITS)
MAIN AND CITY CAMPUS
INSTRUCTION
a) Form a group of 20 members

b) Prepare a presentation slides on IFRS 15: Revenue from contracts from customers
stating clearly the following
i. The objectives of the standard
ii. The scope of the standard
iii. The recognition criteria
iv. The measurement basis
v. The presentation and disclosure requirements.
c) Select one case from the link provided below
https://library.croneri.co.uk/cch_uk/iast/ifrs15-guidance-201405 and analyse the case in
the context of IFRS: 15 (Add the case and the analysis to the presentation slides)

d) Submit the presentation slides to the following emails:

Main Campus: Mainfinancialreport21@gmail.com
City Campus: Cityfinancialreport21@gmail.com

You can follow the link provided below to guide you.

IFRS 15: Standard: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-15-revenue-

from-contracts-with-customers.html/content/dam/ifrs/publications/html-
standards/english/2022/issued/ifrs15/

EXAMINERS: DR. CLETUS AGYENIM-BOATENG, DR MAWUENA CUDJOE AND MR. F. O. ASAFO-ADJEI 1 OF 8