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Revenue is a key performance metric used by investors and other stakeholders in assessing a company’s performance and future prospects” (Jones and Pagach 2013, p. 30). The measurement of revenue is one of the most important contemporary financial reporting issues.The aim of this assignment is to examine the issues of accounting for revenue based on IFRS 15 Revenue from Contracts with Customers. The objectives include to
1) discuss the issues and implications of IFRS 15 and
2) analyse the accounting policies for revenue adopted in the annual report of Rio Tinto
Dec 06 2019 View more View Less
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