{"id":95233,"date":"2020-12-24T12:53:01","date_gmt":"2020-12-24T07:23:01","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=95233"},"modified":"2024-04-12T14:25:19","modified_gmt":"2024-04-12T08:55:19","slug":"accounting-for-construction-contracts-under-as-7","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/accounting-for-construction-contracts-under-as-7\/","title":{"rendered":"Accounting for Construction Contracts under AS-7"},"content":{"rendered":"\n

The standard refers to the accounting treatment of revenue and costs associated with construction contracts by laying down the guidelines regarding allocation of contract revenue and contract costs to the accounting periods in which the construction work is performed, since the construction activity is generally contracted and completed in more than one accounting period.<\/p>\n","protected":false},"excerpt":{"rendered":"

The standard refers to the accounting treatment of revenue and costs associated with construction contracts by laying down the guidelines regarding allocation of contract revenue and contract costs to the accounting periods in which the construction work is performed, since the construction activity is generally contracted and completed in more than one accounting period.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-95233","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nAccounting for Construction Contracts under AS-7 - Tutorial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/tutorial\/accounting-for-construction-contracts-under-as-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting for Construction Contracts under AS-7 - 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