BPP Black Friday sale! (28 Nov-1 Dec)

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

IFRS 15 or IAS 18&11

This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 25, 2015 at 8:21 am #285098
yellow
Participant
- Topics: 52
- Replies: 68
Hello Mr Mike
hope you are fine.
Would you please let me know what we should do if there was a question in December exam about revenue recognition ?
We should use and refer to IAS 18&11 or IFRS 15 ?!
Is IFRS 15 examinable in P7 at all!!!?
Kind Regards
Thank you in advance
November 25, 2015 at 8:43 am #285119
MikeLittle
Keymaster
- Topics: 27
- Replies: 23352
Not only is IFRS 15 examinable, but IAS 11 and IAS 18 are NOT examinable.
If a question is asked about revenue, your answer is based on IFRS 15
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.