Archive | January, 2019

IFRS 15 – Revenue from Contracts with Customers Summary Report

by on January 23, 2019 in Accounting Standards

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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