IFRS 15: 3 Perfromance Obligations

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September 16, 2019 at 5:57 pm #546292
johnmn1234
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Dear Sir,
If there are 3 Performance Obligations, does the way we recognise revenue according to IFRS 15 change?

Thanks
September 18, 2019 at 7:25 pm #546648
P2-D2
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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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