Micah Architects and Engineering Ltd designs and administers construction of multiple projects. Their current project is a building for Greenbanks Ltd. The timeline is as follows: The financial statements for December 2022 are being prepared however there is a new financial administrator that does not know how to apply to IffS 15 model to recognize revenue. Required: The audit committee of the company has requested that you prepare a memo to respond to the above with reference to the relevant IFRs standards. in the memo, the following que tions must be answered: a) What are the steps in the If Bs 15 model and how would the financial administ the steps in the If BS 15 model and how would the frameach stage of the project? Jetermine the revenue a b) In accordance with IAS 1 and If R5 15 how should the revenut and money