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IFRS 15

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 15

  • This topic has 5 replies, 3 voices, and was last updated 9 years ago by MikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • November 15, 2015 at 12:41 am #282435
    amosleow
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Hi, I am taking the exam in Dec 2015.

    May I know if I should write the answer as if IFRS 15 has already taken place and ignore IAS 11 & IAS 18?

    Thanks in advance.

    November 15, 2015 at 5:41 am #282448
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    “May I know if I should write the answer as if IFRS 15 has already taken place and ignore IAS 11 & IAS 18?”

    IFRS15 is the way to go. IASs 11 and 18 no longer exist

    November 15, 2015 at 5:58 am #282453
    amosleow
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Thanks a lot! =D

    November 15, 2015 at 6:06 am #282455
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    You’re welcome

    November 15, 2015 at 7:44 am #282461
    Kashif
    Member
    • Topics: 1
    • Replies: 5
    • ☆

    Hi… So, we don’t have to prepare IAS 18 & IAS 11 for Dec 2015 attempt…
    Also please advise shall we only prepare content prescribed in examinable document fro Sep15 till Jun 16

    November 15, 2015 at 7:55 am #282469
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Correct on both counts

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