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A key theme of object relations theory is that
IFRIC 13
International Financial Reporting Interpretations Committee pronouncement 13, providing guidance on customer loyalty programs and the accounting treatment for award credits.
Customer Loyalty Programme
A customer loyalty program is a rewards program offered by a company to customers who frequently make purchases, designed to enhance customer retention by offering incentives.
Revenue Recognition
The accounting principle that deals with the specific conditions under which revenue is recognized and determines how it is measured.
AASB 15
An Australian Accounting Standard outlining the principles for recognizing revenue from contracts with customers, aiming to provide a robust framework for addressing revenue issues.
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