IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA) financial accounting acca

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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)

IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA)

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IFRS 15 Revenue Recognition – ACCA Financial Accounting (FA)
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13 comments

Muhammad Baqrain 23/09/2021 - 5:31 PM

Thankyou

Reply
Saud Saleh 23/09/2021 - 5:31 PM

What is the difference between cost in excess of billing and billing in excess of cost in contract accounting?

Reply
Shaista 23/09/2021 - 5:31 PM

Excellent, very well explained

Reply
Soreb KU 23/09/2021 - 5:31 PM

in a so lovely way explained. Thank you and greets from Germany!

Reply
Florescu Razvan 23/09/2021 - 5:31 PM

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) .

Reply
deadly slayer 23/09/2021 - 5:31 PM

Need to understand full contact working means cost and revenue, if the contract is in $ and convert it into other currency…

Reply
Gagan Sachdeva 23/09/2021 - 5:31 PM

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

Reply
mohamed said omar 23/09/2021 - 5:31 PM

thanks

Reply
Che Gerard Ngwa 23/09/2021 - 5:31 PM

Hello thanks a lot for these videos

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Google User 23/09/2021 - 5:31 PM

Very useful, thanks

Reply
Bhawani Computer 23/09/2021 - 5:31 PM

really useful

Reply
Chris So 23/09/2021 - 5:31 PM

Wow excellent!!!!!!

Reply
bilal ahmad 23/09/2021 - 5:31 PM

Thank you for great lecture

Reply

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