It's not really about convincing the auditors... just whether the particulars of the contract and performance obligations line up with IFRS 15.
Despite being one of the newer and most complex/detailed standards, it's quite systematic, and contracts performed over time are specifically addressed.
Hard to call without knowing all the intricacies, and I only have a cursory understanding of the standard, although I'm struggling to find a reason why recognition in 2019 would be problematic.
FLC Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
