IFRS 15 – Revenue

This topic has 3 replies, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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May 18, 2020 at 7:28 am #571166
ikmughal28
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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
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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
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Thanks
May 19, 2020 at 1:40 pm #571258
Stephen Widberg
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My pleasure
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