Explain the transition from IAS 18 to IFRS 15.
Why a new standard was issued, what are the main differences between the old and new standards, is the concept of revenues or the timing of revenues recognition differ between the two standards.
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Explain the transition from IAS 18 to IFRS 15.
Why a new standard was issued, what are the main differences between the old and new standards, is the concept of revenues or the timing of revenues recognition differ between the two standards.