Dear Sir,
If there are 3 Performance Obligations, does the way we recognise revenue according to IFRS 15 change?
Thanks
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IFRS 15: 3 Perfromance Obligations
Hi,
No, the revenue is still recognised in the same fashion. So you would need to look at each performance obligation and allocate a value to it ans then look at how it is then recognised, i.e. either at a point in time or over time.
Thanks
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