Can I read IAS 11: Accounting for Construction Contracts on EtoBox?

IAS 11: Accounting for Construction Contracts by g.jusu is a document available to read on EtoBox.

What is IAS 11: Accounting for Construction Contracts about?

IAS 11 prescribes the accounting treatment for revenue and costs associated with construction contracts, focusing on the allocation of these to the appropriate accounting periods. It requires revenue recognition based on the stage of completion when outcomes can be reliably estimated, and limits recognition when they cannot. IAS 11 was adopted in 2001 and has since been superseded by IFRS 15.

Author

g.jusu

Language

EN