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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 15 financing component
Sir as per IFRS 15 the financing component will ALWAYS reflect a discount rate at which the borrower borrows money?
and if yes, then why can’t the discount rate reflect the rate at which supplier borrows money from customers, like when they ask for upfront payment by customer?
You will be given a single interest rate which you should use.
Please try not to make the exam more complicated than it is!
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