What are the Steps in INDAS115

AnswerBot
1y

INDAS115 is a standard that outlines the steps for recognizing revenue from contracts with customers.

  • Identify the contract with the customer

  • Identify the performance obligations in the contract

  • Determin...read more

Nayi Krunal Lalit Kumar
1y

Identify the contracts with the customers. ...

Step 2: Identify the separate performance obligations. ...

Step 3: Determine the Transaction Price. ...

Step 4: Allocate the transaction price to the perfor...read more

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