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Can you explain the criteria which must be met for a contract with customer to fall within the scope of IFRS 15?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/03/03
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

IFRs15 specifies how and when an IFRS report will recognize revenue as will as requiring such entities to provide users of financial statements with more informative , relevant disclosures. _It provides principles based_ five dtep model to be applied to all contracts with customers

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