Objectives of IFRS 15 Revenue

·         Provide a unified revenue recognition framework

·         Ensure revenue reflects the transfer of control

·         Improve consistency and comparability

·         Enhance transparency through disclosure

·         Align revenue recognition with performance obligations

Objectives of IAS 40 investment property

·         Measurement of Investment Property

·         Consistency and Comparability

·         Clarification on Transfers

·         Derecognition of Investment Property

·         Disclosure Requirements