RevenueAmount generated from sale of goods or services, or any othe... More recognition methodA method provides a consistent framework within which projec... More for a contract[Output/Input]
A contract is a mutually binding agreement... More completed over more than one accounting period. In this methodA method provides a consistent framework within which projec... More, a portion of the total contract[Output/Input]
A contract is a mutually binding agreement... More revenueAmount generated from sale of goods or services, or any othe... More and a portion of the estimated contract[Output/Input]
A contract is a mutually binding agreement... More costs is recorded in each accounting period. It is an appropriate methodA method provides a consistent framework within which projec... More where the total cost of performing the contract[Output/Input]
A contract is a mutually binding agreement... More and the realisable profit are, within reason, predictable and determinable. Formula: Cumulative revenueAmount generated from sale of goods or services, or any othe... More = Cost incurredA cost identified through the use of the accrued method of a... More to date x contract priceThe price payable by the customer under the contract for the... More ÷ Total estimated cost. See also completed contract[Output/Input]
A contract is a mutually binding agreement... More methodA method provides a consistent framework within which projec... More
