Transcription of Revenue Illustrative Examples - ASSB
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STATUTORY BOARD SB-FRS 18 FINANCIAL REPORTING STANDARD Revenue Illustrative Examples SB-FRS 18 IE Illustrative Examples These Illustrative Examples accompany, but are not part of, SB-FRS 18. The Examples focus on particular aspects of a transaction and are not a comprehensive discussion of all the relevant factors that might influence the recognition of Revenue . The Examples generally assume that the amount of Revenue can be measured reliably, it is probable that the economic benefits will flow to the entity and the costs incurred or to be incurred can be measured reliably.
2 SB-FRS 18 IE Illustrative examples These illustrative examples accompany, but are not part of, SB-FRS 18. The examples focus on particular aspects of a transaction and are not a comprehensive discussion of all the relevant factors
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