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Shravan Ravi (Audit Assistant)     17 March 2012

As 9 revenue recognition

Hello.. I want to know about Efflux of time concept and critical events concept with regard to AS 9.

Thank you for your time

 1 Replies

Rajnikant Vadigoppula

Rajnikant Vadigoppula (CA, CS And CMA Final)     17 March 2012

Efflux of time - means just passing of time.

Critical Event - means which effect the realisation of revenue.

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