IDEAS home Printed from
   My bibliography  Save this paper

IAS 11 Construction Contracts - A Closer Look


  • Muthupandian, K S


The International Accounting Standards Committee issued the the International Accounting Standard 11, Construction Contracts. The objective of IAS 11 is to prescribe the accounting treatment of revenue and costs associated with construction contracts. This Standard uses the recognition criteria established in the framework for the preparation and presentation of financial statements to determine when contract revenue and contract costs should be recognised as revenue and expenses in the income statement. It also provides practical guidance on the application of these criteria. This article presents a closer look of standard (objective, scope, definitions, accounting treatment, recognition, presentation and disclosures).

Suggested Citation

  • Muthupandian, K S, 2008. "IAS 11 Construction Contracts - A Closer Look," MPRA Paper 40027, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:40027

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    More about this item


    International Accounting Standard; Construction Contracts; Fixed price contract; Cost plus contract; Contract revenue; contract costs; IAS 11; IASC; IASB;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:40027. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.