What is meant by 'substantial completion of the earning process'? What is the significance of this criterion?

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What is meant by 'substantial completion of the earning process'? What is the significance of this criterion? How is the criterion incorporated into IAS 18/AASB 118?

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Accounting Theory

ISBN: 9780470818152

7th Edition

Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes

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