Revenue recognition

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20 Points Posted on 23 September 2020
revenue recognition is dealt by
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On 23 September 2020 at 12:17 Report
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Revenue recognition is governed by specific accounting standards depending on the industry. While IND AS 18 generally applies, real estate companies follow AS 7. Other manufacturing businesses adhere to their own distinct policies and hypotheses for recognising revenue.

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GST Practitioner & Accounts
20 Points Posted on 23 September 2020

Revenue recognition is dealt  with  IND AS 18 

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On 23 September 2020 at 14:49
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Profession
22 Points Posted on 25 September 2020
Different companies carrying on different types of business recognize revenue differently.
But real estate companies is governed by As7.
All other manufacturing companies are governed by different policies snd hypothesis.
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On 25 September 2020 at 14:51

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