Skip to content

Ask the Tutor ACCA SBR

IFRS 15_Verge June 13

SS8y ago
Knowing that a total of $5m should be received at the end of the year, ($2.6m present value + $0.096m unwinding of interest) + ($1.13m present value + $0.096m unwinding of interest) should have given us $5m right ? But this is not the case. Could you explain please. Thank you in advance!
P2-D2P2-D2Tutor8y ago#1
Hi, I don't think that you've incorporated all of the payments to be received in your calculations above. There are three payments and I think you've only accounted for two of them. Thanks
Sign into reply to this topic.