58 An entity shall apply paragraph B63 to account for consideration in the form of
a sales-based or usage-based royalty that is promised in exchange for a licence of
intellectual property.
Reassessment of variable consideration
59 At the end of each reporting period, an entity shall update the estimated
transaction price (including updating its assessment of whether an estimate of
variable consideration is constrained) to represent faithfully the circumstances
present at the end of the reporting period and the changes in circumstances
during the reporting period. The entity shall account for changes in the
transaction price in accordance with paragraphs 87–90