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Technology, when you need it. Need to build a software infrastructure from scratch? We will gather requirements, design, develop, test and implement software solutions for you based on your individual needs with minimum effort from your end. Sit back and watch your business grow. If you have existing applications that need enhancements or upgrades, we can do it. Need to integrate new solutions with existing solutions? No problem, we are here to help.
Tuesday, May 31, 2011. IAS 11 - Construction Contracts. The objective of IAS 11 is to prescribe the accounting treatment of revenue and costs associated with construction contracts. What Is a Construction Contract? A construction contract is a contract specifically negotiated for the construction of an asset or a group of interrelated assets. What Is Included in Contract Revenue and Costs? .