Does IFRS 15 replace the IAS 18 completely?

Question

Fathi Matbaq · Answer

Yes, IFRS 15 Revenue from contracts with Customers will replaces IAS 18 Revenue and IAS 11 Construction Contracts and all interpretations related to these two standards by the 1st of January 2018.

Sakhi Muhammad Imran · Answer

yes IFRS 15 revenue recongnition replace completely IAS 18 but it is effective jan 01, 2017

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Does IFRS 15 replace the IAS 18 completely?

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