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IFRS 15 – Revenue

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 15 – Revenue

Viewing 4 posts - 1 through 4 (of 4 total)
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  • May 18, 2020 at 7:28 am #571166
    ikmughal28
    Participant
    • Topics: 66
    • Replies: 63
    • ☆☆

    Hi

    I need to ask that what is the difference between Accrued Revenue and Deferred Income?

    Thanks

    May 18, 2020 at 4:34 pm #571201
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3420
    • ☆☆☆☆☆

    accrued revenue = sale made but not yet billed

    deferred income -= sale billed but not yet made

    May 18, 2020 at 4:49 pm #571210
    ikmughal28
    Participant
    • Topics: 66
    • Replies: 63
    • ☆☆

    Thanks

    May 19, 2020 at 1:40 pm #571258
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3420
    • ☆☆☆☆☆

    My pleasure

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Viewing 4 posts - 1 through 4 (of 4 total)
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