How to recognize revenue in construction contracts - Percentage of completion-cost to cost method.
9.6 هزار بار بازدید -
4 سال پیش
-
Percentage of Completion Method- Input
Percentage of Completion Method- Input Method or Cost to cost Method Explained with Example and Journal Entries.
How to recognize revenue as per IFRS 15 if the performance obligation is being satisfied over a period of time , Percentage of completion is measured and revenue is recognized as per percentage of completed. Measuring the percentage completed there are two methods used.
1. Input Method or Cost to Cost method
2. Output Method
In this Session the concept and application of input or cost to cost method is fully explained with help of example and Journal entries.
Links for notes
https://drive.google.com/file/d/1FTbE...
How to recognize revenue as per IFRS 15 if the performance obligation is being satisfied over a period of time , Percentage of completion is measured and revenue is recognized as per percentage of completed. Measuring the percentage completed there are two methods used.
1. Input Method or Cost to Cost method
2. Output Method
In this Session the concept and application of input or cost to cost method is fully explained with help of example and Journal entries.
Links for notes
https://drive.google.com/file/d/1FTbE...
4 سال پیش
در تاریخ 1399/05/20 منتشر شده
است.
9,629
بـار بازدید شده