Which IFRS deal with revenue and contracts?

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What are the main changes to the current practice will be brought by the IFRS 17...
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Azreen Mohamed
24-January-2023

Revenue Recognition Financial Reporting IFRS External Audit Accountancy

Question added by Aafreen Beg
Date Posted: 2016/02/10

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4 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

IFRS Fifteen - "Revenue from Contracts with Customers"...

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Syed Anwer Jamal Ashraf

by Syed Anwer Jamal Ashraf , Chief Financial Officer , Confidential Company

IFRS- is the latest one dealing with both of them. IFRS will supersede IAS--Construction Contracts & IAS--Revenue.

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Abu Bakar Ashfaq

by Abu Bakar Ashfaq , Senior Consultant , PricewaterhouseCoopers Middle East

IAS deals with the revenues and contracts.

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by Fazal Haq , Accountant Clerk , Lucky Aeon Real Estate Development

IFRS deals with revenue from contracts with customers.

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