IFRS 15 revenue recognition

New IFRS 15 Revenue Recognition Standards: Are You Ready?

Last year, the International Accounting Standards Board (IASB) finalised a new International Financial Reporting Standards (IFRS) requirement that covers recognising revenue. Called IFRS 15, it applies to a number of areas, including subscription-based revenue. It states that revenue should be recognised at the point when goods or services are delivered, rather than altogether in one […]

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