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Accounting for construction contracts

 
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Accounting for construction contracts
kmeechin
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#1
02-14-2007, 11:57 AM
The "Accounting for construction contracts" is an international accounting standard(i.e. IAS11). In Malaysia, does this standard apply to SME's construction company as well? If a contract that only take one to six month(s) to complete, does this contract apply to IAS11?
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