IFRS 15: 3 Perfromance Obligations

JJohn7y ago

Dear Sir, If there are 3 Performance Obligations, does the way we recognise revenue according to IFRS 15 change? Thanks

P2-D2Tutor7y ago#1

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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