Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Can you explain the purpose of IFRS 15?

Auditing Financial Reporting Finance
user-image
Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/09/04
Upvote (0) Views (1) Followers (2) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Soliman Abd ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

A main purpose: -Although revenue is a critical metric of financial statements users, there were important differences between The IASB and FASB definitions of revenue even with each biard's huidance of similar transactions

Write Your Answer
More Questions Like This