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Visual using a desktop computer, graph, and dollar sign iconography | Construction accounting methods | Knowify

Construction accounting methods 101: Accrual, cash basis, and revenue recognition

Construction accounting is unique from any other industry. It requires specialized skills and knowledge that traditional accounting rarely dips into such as work-in-progress (WIP) and retainage. The key difference, however, is that construction accounting requires… Read More »Construction accounting methods 101: Accrual, cash basis, and revenue recognition