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ifrs 15

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › ifrs 15

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • July 26, 2017 at 12:37 pm #398765
    adarsh1997
    Participant
    • Topics: 646
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    • ☆☆☆☆

    Is your lecture for IAS 11 still relevant in IFRS 15?
    Is the workings for calculating revenues and cost in IAS 11 the same as in IFRS 15?

    July 26, 2017 at 1:03 pm #398770
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23350
    • ☆☆☆☆☆

    The heading IAS 11 should have been removed but the content of that chapter is still relevant

    The examples are equally well applied to IFRS 15 situations where revenues and profits are earned over a period

    OK?

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