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Hi
Regarding issues about revenue. Can we still apply the concepts of ias 18 and ias 11?for example saying revenue should be recognized only when all the risk and rewards have been transfer“Can we still apply the concepts of ias 18 and ias 11?”
Why would you want to? Both those IASs no longer exist. What is in IFRS 15 is all you need to use if a question comes up in that area
If you’re going to start quoting chapter and verse from old, withdrawn standards, why not go back to the situation that existed before those standards were issued?
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