I need the complete ready notes for — “IAS 11 Construction Contracts requires reporting entities to recognise revenue and costs of a construction

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I insufficiency the total unhesitating notes for ---

"IAS 11 Erection Contracts requires reporting entities to recognise proceeds and costs of a erection form in adaptation to the stage of amount of the form energy. On the other artisan IAS 38 allows reporting entities to protract Crop Expenditure."

Explain evidently the provisions for proceeds and costs of a erection form to be recognised and the disbursement of a crop design to be protractred in correspondence delay IAS 11 and IAS 38 respectively. What are the main serviceable problems relating to the implementation of the overhead two standards?

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