procedures. Example 10 : In a test of controls for the revenue cycle of a property development business (condominium), revenue should normally be recognised when the legal ownership is transferred to the buyer
. II) The rights and equitable treatment of shareholders and key ownership functions; The chapter identifies basic shareholder rights, including the right to information and participation through the
registered the transfer of hotel ownership in Vienna House Easy Bratislava which is one of the conditions precedent as a result of the entry into Real Estate Purchase Agreement with Hotel AVION s.r.o. ("Seller
transferred the ownership ,which was in line with the increase in Revenue. Financing Cost In 2018, the Company's financial cost was 13.40 million Baht, a decrease of 25.69 million Baht or a decrease of 65.72
revenue from condominium sales of 1,136.50 Million Bath, which is decrease by 1,527.30 Million Bath or down by 57.34% due to the reduce number transfer of condominium ownership revenue recognition than the
development project of Thai Bonnet Trading Zone Co., Ltd. 2. Cost of sales of property development business decreased by Baht 100. 48 million from the transfer of ownership. With such costs. It is the cost of
THB 469.72 million, which was decreased of THB 119.78 million or 25.50 percent. As a result of effective ownership transferring was decreased. Rental income and service revenue The Company and its
totaled THB 469.72 million, which was decreased of THB 119.78 million or 25.50 percent. As a result of effective ownership transferring and project for sale were decreased. Rental income and service revenue
at ownership transfer of ordinary shares date or within 120 days from the date of the sale and purchase contract ordinary shares. • The seller must redeem the land from use as collateral the debenture
Baht, or increase by 6.76 % from last year. As the Company has continuously transferred the ownership ,which was in line with the increase in Revenue. Financing Cost For the first quarter of 2019, the