
- UID
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- 2011-7-2
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- 2013-9-12
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Aha, ofcourse, and your clients are stupid. This source of cash comes early but it comes as a reduced amount of cash (early payment discounts). Therefore there is always unwinding of discount on deferred revenue (if material ofcourse). IAS 18 is unbeatable.
There is no interest-free money in this world. |
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