[RavenGrey]

It’s ACCA IFRS 15 technical resource, an illustrative example. The link leads to the article and there’s a link in the article leads to illustrative example, which is downloadable.

[RavenGrey]

I was unsure how much I should read on the discussion paper. The slides helped a lot, thank you sir!

[RavenGrey]

Got it, thank you sir!

[RavenGrey]

I am still confused, sir. Joules is concerned that the value of inventory would fall. Why would a fall in futures price from $215 to $198 benefit Joules?

[RavenGrey]

Hi Sir,

Yes, I got the answer. Thank you very much!

[Author]

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