IAS 11 uses the percentage-of-completion method for the valuation of construction contracts. Discuss the advantages and disadvantages

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IAS 11 uses the percentage-of-completion method for the valuation of construction contracts. Discuss the advantages and disadvantages of this method and appraise whether it results in useful information for users.

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International Financial Reporting and Analysis

ISBN: 978-1408075012

5th edition

Authors: David Alexander, Anne Britton, Ann Jorissen

Question Posted: Apr 12, 2016 06:57 AM

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IAS 11 uses the percentage-of-completion method for the valuation of construction contracts. Discuss the advantages and disadvantages

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International Financial Reporting and Analysis

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