SBRchanges in ias 18 and which one to use in dec 2015 exam ias 18 or ifrs 15......

ias 18 and ias 11 are no longer applicable, they both have been replaced with ifrs 15

So for exam purpose we have to take guidance from ifrs 15 ryt? Anyways thanks

Yea from ifrs 15

is there any difference between ias 18 and ifrs 15 or its just merely a chnge of name

they're real different, ifrs 15 involves a 5 step model for revenue recognition, identifying the transaction price, performance obligations, stand alone selling price and then splitting the transaction price over the performance obligations, it's best you read up on it with the open tuition notes