adoption of IFRS 15 may lead to significant changes in the pattern of revenue and profit recognition. Careful consideration and planning will be needed for a range of issues, including the effect on: Compliance with bank covenants; and Performance based compensationsExplain the possible reasoning behind the advice above.

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02-09-2021
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adoption of IFRS 15 may lead to significant changes in the pattern of revenue and profit recognition. Careful consideration and planning will be needed for a range of issues, including the effect on: Compliance with bank covenants; and Performance based compensationsExplain the possible reasoning behind the advice above.

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