Percentage of Completion Method

This video discusses the percentage of completion method for recording long-term contracts. We review how to calculate the amount of revenue which should be recorded each year during a three year contract. For more help with accounting, please visit my website http://AccountingInFocus.com.

• #education
• #percentage_of_completion
• #revenue_recognition
• #intermediate_accounting
• #accounting
• #contracts
• #long_term_contracts
• #far
• #cpa_exam
• #calculation
• #financial_accounting
• #percentage_of_completion_method
• #calculate_the_amount_of_gross_profit_loss_to_be_recognized_in_each_of_the_three_years