When analysing revenue recognition under Ind AS 115 and IFRS 15, one fundamental question needs to be considered which is ...

aligning with IFRS 15. The updated Section 23 introduces a five-step model for revenue recognition and new requirements for complex contracts with customers. Beyond revenue recognition ...

The International Accounting Standards Board (IASB) is reviewing whether it moved too quickly on narrow-scope amendments to IFRS 10 and IAS 28. Clarifications and transition relief the IASB proposed ...