by Michelle Olufeso | Oct 4, 2024 | Advanced Topics, Life Sciences Focus
Introduction IFRS 15 is a crucial standard for revenue recognition, particularly in the life sciences sector. This framework provides guidelines for identifying and recognising revenue from contracts with customers, ensuring consistency across industries. Licensing...
by Michelle Olufeso | Jan 22, 2023 | Advanced Topics, Fundamentals
Whilst traditional companies measure success through steady profits, life sciences companies dance to a different tune. Your income statement might show losses for years – and that could be perfectly fine. In fact, it might even signal promising progress in your...
by Michelle Olufeso | Jan 8, 2023 | Advanced Topics, Financial Statements, Fundamentals
If financial statements tell your company’s story, think of the balance sheet as your company’s DNA. For life sciences companies, this crucial document reveals far more than just assets and liabilities – it’s a snapshot of your innovation...