Revenue recognition

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November 20, 2014 at 8:21 pm #211735
sanket723
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Hi Mike,

In your intelligent guesses section you mention that a 15 mark question on Revenue recognition (based on the SA article) seems possible…

Could you tell me what kind of questions are we referring to here ? (if possible with an example)
November 21, 2014 at 10:52 am #211833
MikeLittle
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In the old question 2 type questions, many of them included (typically in note 1 to the question) an adjustment that was necessary to arrive at the correct revenue figure

Any (two) of those could be asked for say 5 marks each together with some 5 marks worth of chat
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