Welcoming the New Revenue Recognition Standard: Ind AS 115 - Revenue from Contracts with Customers

by Ambalika Singh and CA Ambalika Singh

The New Revenue Recognition Standard is a joint bold move initiated by both the FASB and the IASB to give top-lines of companies, across industries, a common denominator. It is a move from the fair value measure of measuring revenue, to one which takes into account what consideration the entity really expects to be entitled to receive from a contract with a 'customer'. The new standard broadens the definition of revenue to include newer concepts like...

• Format: Paperback
• Language: English
• ISBN: 1092289585
• ISBN13: 9781092289580
• Release Date: March 2019
• Publisher: Independently Published
• Length: 222 Pages
• Weight: 0.92 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"