[Useful Information] The Impact of the "Revenue Recognition Standards" on the Construction Industry
We need to change the traditional way of doing things, so let's carefully review everything and make the switch!
Many of you may already be aware of the "Revenue Recognition Standards" that have been applied since April 2021. In this column, we will examine the impact on the construction industry. The previous regulations regarding "sales" were only described in the Generally Accepted Accounting Principles as being based on the "realization principle." (However, there are separate provisions for construction contracts.) For more details, please refer to the related links. [Contents] 1. What are the Revenue Recognition Standards? 2. The Five Steps of Revenue Recognition 3. About the Percentage-of-Completion Method 4. About the Cost Recovery Method *You can view the detailed content of the column through the related links. For more information, please feel free to contact us.
Inquire About This Product
basic information
*You can view the detailed content of the column through the related link. For more information, please feel free to contact us.*
Price range
Delivery Time
Applications/Examples of results
*You can view the detailed content of the column through the related link. For more information, please feel free to contact us.*
Company information
The "Dotto Cost Series" has surpassed 5,000 cumulative installations and is the number one cost management package software for the construction industry in Japan. It accommodates the unique business practices of the construction industry and can be linked with major domestic accounting software, attendance management software, and electronic transaction software. It strongly supports the management of construction companies in both streamlining administrative tasks and cost management.
![[Information] Features of Cloud Services](https://image.www.ipros.com/public/product/image/28c/2001020318/IPROS15258421284173007464.png?w=280&h=280)
