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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 11 Construction Contracts
Hi Mike
Are the lectures here for construction contracts still relevant with the introduction of IFRS 15?
Thanks.
They are in so far as they show a way of calculating attributable profits / revenues / costs
But IAS 11 itself no longer exists and, in that respect, the lectures are out of date
But it’s still worth reading through the notes and following the lectures until the examiner has settled into a manner of setting any question with a revenue split
OK?