Archive | 2019

US JOBS NUMBER DECLINE. FEDERAL RESERVE BALANCE SHEET NORMALIZATION CONTINUES

By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]

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IFRS 15 – Revenue from Contracts with Customers Summary Report

By Mushfiq Mazhar IFRS 15 Impact to other Standards Prominent for companies who run the long-term contracts or complex transactions. In May 2014, Board issued IFRS 15 which was a huge change to the existing revenue recognition guidance. Before IFRS 15 standards, the revenue recognition guidance was spread over the standards and there were various […]

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