20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

IAS 38

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
October 25, 2019 at 5:14 am #550733
rishabbohra98
Participant
- Topics: 112
- Replies: 88
According to the new conceptual framework this is the new recognition criteria right?
Recognition – the process of including an item in the financial statements and is appropriate if it results in relevant and faithful representation.
Then why is it that in the lecture video for IAS 38 Intangible Assets you have stated the old recognition criteria?
October 25, 2019 at 8:41 am #550743
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3441
We do our best to update our lectures where possible. However, inconsistencies slip through at times. We apologise and thank you for flagging the issue.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘IAS 38’ is closed to new replies.