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
percentage of completion method
Percentage of completion is an accounting method of work-in-progress evaluation, for recording long-term contracts. GAAP allows another method of revenue recognition for long-term construction contracts, the completed-contract method.
Construction Accountants in Miami
Construction Accountants in Miami unique form of bookkeeping and financial management reporting designed specially to help contractors track each job cost