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Franchise fees may cover the supply of initial and subsequent services,equipment and other tangible assets,and know-how Extracted from the appendix to Malaysia FRS 118 revenue,the following are noted in the event we need to recognize revenue from the varying aspect of franchising: Supplies of equipment and other tangible assets. The amount,based [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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