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Sri Lanka Accounting Standards 18RevenueLKAS 18CONTENTS
paragraphs SRI LANKA ACCOUNTING STANDARDS 18
REVENUE
OBJECTIVE
SCOPE16DEFINITIONS78MEASUREMENT OF REVENUE
IDENTIFICATION OF THE TRANSACTION912
13SALE
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What is lkas 18?
lkaS 18 is a accounting standard that deals with revenue recognition.
Who is required to file lkas 18?
Companies that follow the Sri Lanka Accounting Standards are required to file lkaS 18.
How to fill out lkas 18?
To fill out lkaS 18, companies need to follow the guidelines provided in the standard and accurately report their revenue.
What is the purpose of lkas 18?
The purpose of lkaS 18 is to provide guidance on when revenue should be recognized and how it should be measured.
What information must be reported on lkas 18?
Companies need to report information related to revenue recognition, including the timing and amount of revenue recognized.
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