This discussion clarifies the absence of Ind AS 18, which previously covered revenue recognition. While Ind AS 115 now governs revenue from contracts with customers, it primarily focuses on services. It doesn't fully encompass revenue from goods, interest, or royalties, which were part of the older Ind AS 18. Therefore, Ind AS 115 is not a direct replacement for all aspects of Ind AS 18.
Revenue from contract is considered as revenue from providing service which is in ind as115 but not explain others like revenue from goods ,interest & royalties etc which is in ind as18..so this may be part of it not same ..
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