BBR HOLDINGS (S) LTD
ANNUAL REPORT 2015
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(cont’d)
2.3
Standards issued but not yet effective
(cont’d)
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more structured approach to measuring and recognising revenue when the promised goods and services are
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progress toward satisfaction of a performance obligation, recognising contract cost assets and addressing
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2.4
Foreign currency
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(a)
Transactions and balances
Transactions in foreign currencies are measured in the respective functional currencies of the Company
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