completed contract method
1completed contract method — Completed contract method. A method of reporting profit or loss on certain long term contracts. Under this method of accounting, gross income and expenses are recognized in the tax year in which the contract is completed. This method should be… …
2completed contract method — Completed contract method. A method of reporting profit or loss on certain long term contracts. Under this method of accounting, gross income and expenses are recognized in the tax year in which the contract is completed. This method should be… …
3completed contract method — An accounting method that does not record the income and expenses of a long term project until the project is completed. See also accrual method, cash method. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …
4Completed Contract Method — ⇡ Bilanzierungsmethode im Bereich der langfristigen Produktion. Bei der Bewertung des ⇡ Vorratsvermögens entsteht bei Fertigungsaufträgen, die zum ⇡ Bilanzstichtag noch nicht abgeschlossen sind, das Problem der Teilgewinnrealisation. Da das… …
5Completed Contract Method - CCM — An accounting method that enables a taxpayer or business to postpone the reporting of income and expenses until a contract is completed. This accounting method is used frequently in the construction industry or other industries whose businesses… …
6Completed contract — Der International Accounting Standard 11 (IAS 11) ist eine Rechnungslegungsvorschrift des IASB über die Bilanzierung von Erträgen und Aufwendungen von Fertigungsaufträgen. Das sind solche Aufträge, die kundenspezifische Merkmale aufweisen, etwa… …
7Метод завершенного контракта (COMPLETED-CONTRACT METHOD) — Метод учета, согласно которому доходы и расходы по контракту признаются только после его завершения. Тем не менее, если по контракту ожидается убыток, доходы и расходы признаются в период первого прогнозирования убытка. Ср. с Метод процента… …
8Percentage Of Completion Method — An accounting method in which the revenues and expenses of long term contracts are recognized yearly as a percentage of the work completed during that year. This is the opposite of the completed contract method, which allows taxpayers to defer… …
9contract bridge — [kän′trakt΄] n. a form of bridge, developed from auction bridge, in which only the number of tricks named in the contract may be counted toward a game, additional tricks being counted as a bonus score * * * ▪ 2003 For a sample contract bridge… …
10accrual method — n: accrual basis at basis Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. accr …
