Ombrelle sells lamps with a 30-day right of return. It recognises revenue for the full invoiced price and recognises an expense for a provision covering the expected returns. This treatment complies with IFRS 15.
Ombrelle sells lamps with a 30-day right of return. It recognises revenue for the full invoiced price and recognises an expense for a provision covering the expected returns. This treatment complies with IFRS 15.