: Performance obligation satisfied over time , input method used and no revised budget required Contract price = 10 MB Budget cost = 3 MB Actual cost = 1.2 MB Progress = 1.2 MB / 3 MB = 40% Revenue recognized = 4
this standard, the method of revenue recognition of the Company shall change. Non-performing loans purchased from financial institutions, which are under IFRS9 standards, are considered to be purchased
previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018
, there is no demand for new installation. 2. Construction service income for the year sharply increased 207.40 Million Baht, accounting for 59.80% from previous year as the revenue recognition on progress
Group can divided as follows; o Revenue from construction contracts which are defined output is promised, is recognised using the percentage of completion method. The stage of completion is generally
the decreased lease receivable, calculated according to the Effective Interest Method. 2.5 Revenue from Sales and Rendering of Services (excluding fuel costs) Revenue from sale and rendering of services
% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded
Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract
., business combination, impairment of assets, revenue recognition using percentage of completion method and general IT controls (“GITC”) • Using the work of an auditor's expert, e.g., engineer and appraiser
tokens Way Forward: Collaborating with the Revenue Department to explore VAT collection method of utility tokens and hybrid tokens in alignment with VAT obligations of paper coupons. 20 Market Development