Archive | January, 2019

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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