Percentage of Completion vs Completed Contract Method

This video compares and contrasts the Percentage-of-completion Method with the Completed-contract Method for recognizing revenue.  A comprehensive example is provided to illustrate how the timing of revenue, expense, and profit recognition differs under each method.
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• #percentage_of_completion
• #completed_contract
• #percentage_of_completion_vs_completed_contract
• #percentage_of_completion_method
• #completed_contract_method
• #financial_accounting
• #accounting