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IAS 11 Construction Contracts

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 11 Construction Contracts

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • October 23, 2017 at 7:51 pm #412974
    jdeally
    Member
    • Topics: 15
    • Replies: 19
    • ☆

    Hi Mike
    Are the lectures here for construction contracts still relevant with the introduction of IFRS 15?
    Thanks.

    October 23, 2017 at 8:25 pm #412978
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    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    But IAS 11 itself no longer exists and, in that respect, the lectures are out of date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?

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