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I came through an article which says IAS 18 Revenue has changed to IFRS15, Is that true or need to know both of them?

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November 3rd 2015 AN ACCA USER 150 Points

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Woaw what is ifrs 15

November 5th 2015 AN ACCA USER 140 Points
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Yes IFRS-15 has removed 6 accounting standards including
1. IAS-11
2. IAS18
And some Sics and an Ifric
But IFRS-15 will be mandatory in the whole world from 1st January 2017 and until then it's optional. But we preparing for p2 exams must have understanding of all 3 IASs.

November 10th 2015 AN ACCA USER 940 Points
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