FRSIC Consensus 8 – Revenue Recognition For Shipping Freight Services Companies (27 March 2008)

The effective date of the application of this FRSIC CONSENSUS was 27 March 2008.

The release of FRSIC Consensus 8 – Revenue Recognition For Shipping Freight Services Companies provides guidance, on recognition of revenue for shipping freight services companies specifically on whether recognising revenues from incomplete services of liner voyages is in compliance with FRS 118 Revenue.

You can download FRISC Consensus 8 here: http://www.frsic.my/consensus_consensus.asp

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