
AnswerBot
1y
Ind AS 115 and Ind AS 116 are accounting standards used for revenue recognition and lease accounting respectively.
Ind AS 115: It provides guidance on how to recognize revenue from contracts with custo...read more
Anonymous
2y
Yes, read concepts thoroughly of Ind As and auditing standards as well as practical exposure is mist
Pooja Pareek
2y
IND As 115 basically deals with revenue recognition on the basis of performance obligation which arises at a point of time in a contract and based on performance obligation only decision regarding con...read more
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