Accounting for construction contracts : a case study on Gama Corporation
Egel, D. Hakan
Muğan, Can Şimga
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This study focuses on the Accounting for Construction Contracts in Turkey, by giving examples from GAMA Corporation. The major characters involved in contracts and types of contracts are discussed in the study. Main methods for the accounting of construction contracts are examined. The most favorable contract method for Turkey is selected.
Completed Contract Method
Percentage of Completion Method
Long Term Construction Contracts