![](https://bfbs.sg/wp-content/uploads/2020/02/Eagle-Financial-Builders-Work-In-Progress-Accounting-2-730x410.jpg)
Understanding WIP Accounting for Construction 理解在建工程的会计核算 In most cases, it is simple to determine the timing for Revenues Earned, once ownership of a product is transferred or a service is complete, revenue is considered to have been earned. But if revenue recognition is delayed until the end of a long term contract, the Matching Principle […]