[nhitran14]

Hi there, in my opinion, we can deal with your case as below:

1. Performance obligation: Yes, I believe there are 2 performance obligations, namely setting up live coffee making stations and selling coffee to guests

2. Revenue recognition:
– Setting up live coffee making stations: I assume that these stations were set up on 1 Dec and dismantled on 3 Dec when the event ended. I think this performance obligation is satisfied over the 3 day period because it met the criteria “The customer simultaneously receives and consumes the benefits provided by the entity’s performance” per IFRS15.35 -> revenue should be recognized each day, at USD3,000
– Selling coffee: I think revenue should be recorded each day, corresponding to the number of cups of coffee sold in that day

3. Exchange rate: I believe revenue can be converted to home currency using spot rate

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