As-7
This query is : Resolved
Kanika Khandelwal
(Querist)
14 November 2014
IF architects are engaged in construction contracts then their revenue wil b recognised as per as-7? N if nt then hw.?
CMA Ramesh Krishnan
(Expert)
14 November 2014
Accounting standard 7 will apply for long term contracts if the architect work is long term then accordingly AS-7 will apply
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