This is from the "Accounting Makes Cents" podcast episode #39 released on Monday, 8 May 2023. In today’s episode, we are going to talk about IFRS 15 or the Revenue from Contracts with Customers. This is a fairly new standard, only coming about in 2018 to replace a previous standard with regards revenue, I think … Continue reading The Basics of Revenue Recognition
CIMA Examinable IFRS/IAS Standards
This post is just a reminder for students who are planning to undertake CIMA in the near future, especially those who have yet to take any of the F pillar courses and/or BA3. The CIMA syllabus includes the study of different Accounting Standards regulating various topics on financial statements reporting. While students do not have … Continue reading CIMA Examinable IFRS/IAS Standards
IFRS, Can I Get Your Number?
Dear MJ I'm ashamed to admit this. I'm an accountant by profession and I'm supposed to be good with numbers, but I can't for the life of me remember which IFRS and IAS go with which standards and notes. I get them all mixed up! And with the time constraints, I go blank. If I … Continue reading IFRS, Can I Get Your Number?