TY - GEN AU - CHOUBEY, SHASHIKANT TI - Revenue from contract with customer PY - 2013/// KW - ECONOMICS N2 - Wheels of new revenue recognition standard is inching towards reality and there would not be surprised, if we get an IFRS on revenue recognition, named revenue from contract with customer by end of this year. However, the boards (jointly IASB andFASB) still determined to bring the new standard by end june, 2013. Revenue being a vital and first line number of a financial statement, reads strength and ability of an entity or group ER -