This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IAS 11 Project accounting - contractee's accounting

Date recorded:


The IFRIC was asked to consider providing guidance on the proper accounting by the contractee as a construction project develops from contract signature to completion.


Decision not to add

September 2004



The IFRIC agreed not to add this topic to the agenda, as the issue was one of application rather than principle.  Also, there was no convincing evidence of widespread problems in practice.


IFRIC reference: IAS 11

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.