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Hello Mike,
Now that the project on revenue recognition is concluded and there is a new standard on it, could there be a current issue question on it this December?
I believe that current issues are ongoing projects, still at the ED stage.
Please, I need clarification on this as it will help me know how this standard may be tested.
Thank you.
Yes, it could be a current issue question. I can’t see it being a 25 marker Q2 or 3 in its own right but I could comfortably see it as 8 or 9 marks in either 2 or 3 but, yes, it could be question 4 – or half of question 4
Hello, just wanted to clarify whether IAS 18 or IFRS 15 is the relevant standard for Revenue in this coming examination?
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