[Verse 1] When revenue knocks at your accounting door ASPE says look for the critical event core Earnings complete, collection reasonably assured Performance done, measurement secured [Chorus] Critical moment, that's the key When risk and reward transfer free ASPE keeps it clean and tight One moment makes the revenue right Critical moment, lock it down When ownership spins around [Verse 2] Delivery trucks and finished goods Risk of ownership understood Installment sales with doubtful pay Push that revenue another day Percentage complete for construction sites When progress earns those billing rights [Chorus] Critical moment, that's the key When risk and reward transfer free ASPE keeps it clean and tight One moment makes the revenue right Critical moment, lock it down When ownership spins around [Bridge] IFRS fifteen brings five steps to dance Identify contracts, obligations advance Transaction price and allocation game Time or point, it's not the same ASPE cuts through with razor precision One critical event makes the decision [Verse 3] Consignment goods still belong to you Agent sales, just commission's due Barter trades need commercial sense Fair value proves the evidence Service revenue when work is done Subscription streams as time does run [Chorus] Critical moment, that's the key When risk and reward transfer free ASPE keeps it clean and tight One moment makes the revenue right Critical moment, lock it down When ownership spins around [Outro] Simple truth in complex times ASPE draws the clearest lines When the critical moment arrives That's when revenue comes alive
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