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Revenue – Recognition on the SFP – ACCA Financial Reporting (FR)

VIVA

Reader Interactions

Comments

  1. BasimAijaz says

    October 7, 2021 at 6:32 pm

    How come the cost to date given in the question and costs we calculate as balancing figure are different?

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  2. shehkay says

    May 5, 2021 at 6:13 am

    Hi! I have a doubt, we normally calculate contract asset using the following formula: Profits recognized till date – invoices sent. However, in my bpp books they have used the above formula in some questions and a new formula (revenue – invoices sent) in some questions, How do we know which formula to use in exam?

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  3. muhammadazim says

    July 7, 2020 at 2:00 pm

    I like your, natural, way of teaching….stay blessed always……!

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