Recognised as per POCM.

Incentive payments Only when (i) contract is sufficiently advanced that it is probable that specified performance standards shall be met or exceeded; and (ii) amount of incentive payment can be measured reliably.If the incentive payments are capable of being reliably measured, same are to be recognised as per POCM.


Comments

Popular posts from this blog

Texas A&M — Mays Business School

Gujarat Secondary and Higher Secondary Education Board

Remeasurements of defined benefit plans Remeasurements