The qs was to discuss the main weaknesses in the current standard on revenue recognition.In the answer to this is it allowed to discuss the weaknesses of IAS11 construction contracts revenue recognition as the BPP answer has done?
Ask the Tutor ACCA SBR
Revenue recognition
Why not? Revenue recognition is a thorny subject involving more than simply the one standard. You could very well be in the situation where you are faced with a 25 mark question and you don't have 25 different things to say about it. Put it in! At least that way you are giving the marker the opportunity to give you credit for recognising that revenue recognition is a broader problem than a simple revision of the standard
Sign in to reply to this topic.