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Can I read MSA 01 Overview by Sir Ibrahim on EtoBox?
MSA 01 Overview by Sir Ibrahim by gohar aziz is a document available to read on EtoBox.
What is MSA 01 Overview by Sir Ibrahim about?
The document discusses audit procedures related to revenue recognition for long term contracts under IFRS 15. It notes that revenue is recognized either over time or at a point in time depending on when control of goods or services is transferred to the customer. For a contract where goods have been billed but physical possession is retained, the document outlines evaluating whether this "bill and hold" arrangement meets the control criteria of IFRS 15 to recognize revenue, or if it includes separate perfor
- Author
- gohar aziz
- Language
- EN