Can I read Crowdfunding: Financial Reporting Insights on EtoBox?
Crowdfunding: Financial Reporting Insights by Navhin Micheal is a document available to read on EtoBox.
What is Crowdfunding: Financial Reporting Insights about?
The document discusses crowdfunding and its impact on financial reporting. It defines crowdfunding as raising funds from a large pool of people via the internet. There are four main crowdfunding models - investment, non-investment, pre-purchase/reward-based, and lending-based. For pre-purchase/reward-based crowdfunding, IFRS 15 should be applied to determine when to recognize revenue. Revenue can be recognized at a point in time or over time depending on when control transfers to the customer. The document
- Author
- Navhin Micheal
- Language
- EN