#casalimarakkal AS 7 CONSTRUCTION CONTRACT ACCOUNTING in 12 minutes AS 7

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A 12 minute video in malayalam language on Accounting standard 7 Construction contract with practical illustrations. This video will be helpful CA, CMA, CS and MCOM students. Treatment of contract revenue and contract cost. Percentage of completion method. Segmenting and combining a number of contract, construction of additional asset, uncertinity about the collectibility of the amount recognised as revenue, Treatment of expected loss in a contract
  1. CA SALIM ARAKKAL
  2. #construction contract
  3. #as 7
  4. #accounting standard 7
  5. #malayam accounts
  6. #accounts malayalam
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What is the difference between cost in excess of billing and billing in excess of cost in contract accounting?

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