do bank loan installments qualify as "performance obligations satisfied over time" or "at a point"?
I would appreciate if you can through some light on this with help of some calculations.
Best regards
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IFRS 15 - bank loan installments
6y ago#1Bank recognises revenue over time using amortised cost.
Remember that 99% of IFRS 15 is just saying 'use the accruals concept'
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