by admin | Jul 31, 2017 | Accounting, Tech News
Overview 1.1 Revenue recognition has been a contentious area for financial reporting. 1.2 In the previous revenue standards, there are significant diversity in revenue recognition due to limited guidance: (a) Timing of revenue recognition – whether a company...
by admin | Jul 22, 2017 | Accounting, Tech News
The International Financial Reporting Standards (IFRS) has published illustrative tagging for the proposed IFRS Taxonomy Update IFRS Taxonomy 2017 — IFRS 17 Insurance Contracts. The illustrative tagging shows how selected information from the Illustrative Examples...
