IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA)
Accounting Conventions and Policies – ACCA Financial Accounting (FA)
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IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA)
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IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA)
financial accounting acca
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Thankyou
What is the difference between cost in excess of billing and billing in excess of cost in contract accounting?
Excellent, very well explained
in a so lovely way explained. Thank you and greets from Germany!
i would say for the financial discount ( early payment) company will not make the invoice by invoice analyze to include probable discount into sales invoice. Will do it on a monthly or even yearly base, like an accrual, by analyzing open position ( not collected invoice) and check with customer habits. Is so difficult to implement this in an ERP ( or other accounting software) .
Need to understand full contact working means cost and revenue, if the contract is in $ and convert it into other currency…
Please help me in these two questions
Qst:1
Invoice Issued in Aug-20 50000USD
Service provided in Sep-20 30000USD
How much revenue will be recognised in Aug-20 and Sep-20 and how much will be the working capital in Aug-20 and Sep-20
Second Qst :
Invoice Issued in Aug-20 50000USD
Service provided in Aug-20 30000USD
How much revenue and Working capital would be recognised in Aug-20
Kindly help me in it
thanks
Hello thanks a lot for these videos
Very useful, thanks
really useful
Wow excellent!!!!!!
Thank you for great lecture