A Study Of Thai Financial Reporting Standard No.15 Revenue From Contracts With Customers Affecting The Change In Deferred Revenue Recognition And The Book Value Of Trade Receivables:A Case study Of A Business Group Listed On The Stock Exchange Of Thailand
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Abstract
The objective of research is to study the effect and results of implementing TFRS 15 on Revenue from Contracts with Customers is affecting the recognition of deferred revenue and book value recognition of debtors from companies in the business group listed on the Stock Exchange of Thailand. During the year 2019-2022, information from the financial statements including total assets, sales revenue, operating cash flow, deferred income and book value of trade accounts receivable.
From the research, it was found that total assets, sales revenue and cash flow from operations Affecting the deferred income of the business at the statistical significance level of 0.05 and found that total assets changed in sales revenue and changes in cash flow from operations It affects the business's deferred income at the statistical significance level of 0.05. It may be that the revenue recognition principle of TFRS 15 slows down the recognition of revenue. Therefore, affecting the recognition of deferred revenue and the book value of trade accounts receivable changed significantly.
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