Revenue Recognition. What primary documents are needed?

The company sells goods delivered by the courier, as well as the sale of goods under commission agreements. What primary documents can be the basis for reflecting the proceeds received from the sale in accordance with IFRS and are there risks of non-recognition of income in accounting? This question is answered by Maria Timofeeva, chief auditor of HLB Ukraine, in the article «Revenue Recognition. What primary documents are needed?».

The article was published in the journal «Taxes. Practice, clarifications, comments» (No. 1, 2018).

The article is available in Ukrainian and Russian.

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