SNAPSHOT OF IFRS 15 – REVENUE FROM CONTRACTS

Effective from 1 January 2018 so…In use 30 June 2018 & 31 December 2018

BUT REMEMBER…..Comparatives will include 2017.

IFRS 15 replaces;IT

• IAS 18 Revenue,
• IAS 11 Construction Contracts
• SIC 31 Revenue – Barter Transaction Involving Advertising Services
• IFRIC 13 Customer Loyalty Programs
• IFRIC 15 Agreements for the Construction of Real Estate and
• IFRIC 18 Transfer of Assets from Custome

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