New standardsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › New standardsThis topic has 1 reply, 2 voices, and was last updated 8 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 24, 2016 at 7:21 pm #316895 juveParticipantTopics: 59Replies: 77☆☆Hello dear tutor…My question is about 2 relatively new standars as follows:1)if we have a question about REVENUE, should we use IAS 18 or IFRS 5?2)if we have a question about LEASE, should we ue IAS 17 or IFRS 16?Thanks alot May 30, 2016 at 9:28 am #318090 P2-D2KeymasterTopics: 4Replies: 7142☆☆☆☆☆Hi,For revenue you should use IFRS 15. IFRS 16 is not yet examinable as an accounting standrad but it would make a very good current issues question possibly.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In