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Can you explain the steps that the entity will apply to achieve the core principle under IFRS 15?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/03/19
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

I FR S 15 revenue recognition rules together with a proliferation, of discounting and special conditions, means exiting systems are not able to produce the granularitual of accounting entries that are required for IFRS 15. _It' is based on a core principal requiring the company to recognise revenue reflect

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