IREIT Global Group Pte. Ltd - Annual Report 2015 - page 68

2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
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NEW AND REVISED INTERNATIONAL FINANCIAL REPORTING STANDARDS (CONTINUED)
IFRS 9 Financial Instruments (continued)
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also been introduced.
The management is currently evaluating the impact of IFRS 9.
IFRS 15 Revenue from Contracts with Customers
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accounting for revenue arising from contracts with customers. IFRS 15 will supersede the current revenue
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“control” of the goods or services underlying the particular performance obligation is transferred to
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Furthermore, extensive disclosures are required by IFRS 15. The management is currently evaluating the
impact of IFRS 15.
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Notes to the
Financial Statements
For the year ended 31 December 2015
66