Examples of Barter in a sentence
IFRS 15 supersedes IAS 11, Construction Contracts, IAS 18, Revenue, IFRIC 13, Customer Loyalty Programs, IFRIC 15, Agreements for the Construction of Real Estate, IFRIC 18, Transfers of Assets from Customers, and SIC-31, Revenue – Barter Transactions involving Advertising Service.
TAS 11 (revised 2017)Construction ContractsTAS 18 (revised 2017)RevenueTSIC 31 (revised 2017)Revenue - Barter Transactions Involving Advertising ServicesTFRIC 13 (revised 2017)Customer Loyalty ProgrammesTFRIC 15 (revised 2017)Agreements for the Construction of Real EstateTFRIC 18 (revised 2017)Transfers of Assets from Customers Entities are to apply this standard to all contracts with customers unless those contracts fall within the scope of other standards.
IFRS 15 will replace IAS 11 Construction Contracts, IAS 18 Revenue, IFRIC 13 Customer Loyalty Programmes, IFRIC 15 Agreements for the Construction of Real Estate, IFRIC 18 Transfer of Assets from Customers and SIC 31 Revenue – Barter Transactions Involving Advertising Services.
Revenue from Contracts with Customers MFRS 15 replaces the guidance in MFRS 111, Construction Contracts, MFRS 118, Revenue, IC Interpretation 13, Customer Loyalty Programmes, IC Interpretation 15, Agreements for Construction of Real Estate, IC Interpretation 18, Transfers of Assets from Customers and IC Interpretation 131, Revenue - Barter Transactions Involving Advertising Services.
Barter is the acceptance of goods, services, or other nonmonetary remuneration from clients/patients in return for psychological services.