IFRS 15 : Revenue from Contract with Customer

IFRS 15 REVENUE FROM CONTRACT WITH CUSTOMER In may 2014, the International Accounting Standard Board (IASB), issued IFRS 15 Revenue contract with Customers which will be effective from 1 January 2017, though earlier application is permitted. The issuance of IFRS 15 signifies the culmination of a joint project with the US national standard-setter, the Financial … More IFRS 15 : Revenue from Contract with Customer

President Donald Trump’s Revised Tax Plan

Predicting the priorities of the Donald Trump administration is a favorite game in Washington and even around the world these days including his proposal in revising current tax law. Donald Trump has proposed tax reforms that would significantly reduce marginal tax rates for both individuals and businesses, increase standard deduction amounts to nearly four times … More President Donald Trump’s Revised Tax Plan