IFRS reporting makes the process of comparing easy as it helps in understanding the accounts of companies across International boundaries with the help of a common accounting standard.
Allocate the TP to the PO in the contract. Recognize revenue when an entity satisfies a PO. Industries we Serve Industries we Serve IT, Insurance, Real Estate, Banking and Finance, Healthcare, E-commerce, etc Revenue Recognition Accounting Standard (AS 9 Exceptions) Revenue arising from construc...