Construction Accountants in Miami
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construction accountants
Construction accounting is a type of project accounting which involves some unique terms and requirements that differ from other businesses. A regular brick-and-mortar business stays in the same place to sell products or services, whereas a construction company is mobile and completes custom jobs on a regular basis.
Percentage of Completion Method
Percentage of Completion Method of Accounting, revenues, and expenses of long-term contracts are recognized as a percentage of the work completed