Contract asset

Hi, Under the current rules it is easiest to record it based on revenue recognised less amount invoiced. Thanks

I'd use the current method of revenue recognised less amount invoiced.

Hi! is there a video or an article from the FR examining team confirming if this is the method to be used in exams? Because it is really confusing as your videos show the old method too and bpp questions are a mix of old and new method. Which method exactly do we follow

Hi, I'm not aware of anything but feel free to have a look on their website as that is where it would be. Thanks