According to IND AS 115, when can revenue be recognized?
Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
Which city is the host of 4th G20 Sherpa meeting in September 2023?
India's Bharat 6G Alliance is set to collaborate with which European body to advance 6G technology?
Which Colombian superstar singer has been named as Billboard's first Mujeres Latinas en la Música "Latin Woman of the Year" and will accept the award a...
What rank has India gained in terms of employee well-being survey conducted by the McKinsey Health Institute?
Which state the best governed state in large states category in the Public Affairs Index rankings 2021?
Ayushman Bharat Digital Mission was launched in which year?
Badri Narayan received the prestigious literary award Sahitya Akademi Award, 2022 for ?
Which bank introduced a 'Mobile Handheld Device' to enhance accessibility and convenience?
Which country has become India’s second biggest Oil Exporter?
Foreign currency payments such as digital subscriptions to publications or goods bought on foreign e-commerce sites through international credit cards w...