Taking Stock 

In recognition of revenue

Taking Stock

In recognition of revenue

Memo to self: avoid mentioning International Financial Reporting Standards (IFRS) if you want to keep receiving invitations to social gatherings. I’ve made that mistake a couple of times of late; the last instance involved my local publican, a polite young German, who was to be found staring blankly into the middle distance as he was regaled with stirring tales of revenue recognition and the like.

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