What is contract modification as per IFRS 15?

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As per IFRS 15, Oral contract is an invalid contract ? True or False
Posted by:
Mohammed Mohammed
23-April-2017

Accounting Cost Accounting Financial Accounting sap fico Finance

Question added by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store
Date Posted: 2017/04/23

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1 Answers

Mahmoud Abdel Aziz CMA

by Mahmoud Abdel Aziz CMA , Finance Manager , Pan Gulf Telecommunication Co. - Pan Gulf Holding Co.

it is a change in the prices or scope of work which must be approved by both contract parties

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