CRITICAL THINKING
Assume it is 2014 and that your class team has been assigned to the Slater & Gordon AASB 15 Transition project.
Required
Using the AREA framework to prepare for the meeting with your class team, identify and discuss the effects of the release of AASB 15 for the company, including the advantages and disadvantages of AASB 15 compared to AASB 118.
ANALYSE
Identify the issue and why it matters. Determine what you need to find out.
RESEARCH
Discuss relevant facts and evidence, or issues.
EVALUATE & ANSWER
Provide your opinion based on your discussion of relevant facts, evidence, or issue.