FLC fluence corporation limited
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It's not really about convincing the auditors... just whether...

  1. gamblore
    998 Posts.
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    14/01/20
    10:09
    Post #: 42364576
    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
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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