건설공사 수익ㆍ비용 인식에 관한 분석 = The Recognition Analysis of Revenue and Expense in the Construction Project

다국어 초록 (Multilingual Abstract)

The construction industry is an integrated industry with its unique characteristics of complexity and sophistication which takes a crucial role over other industries in the national economy. As construction business has its own natural characteristics including production based on an order, mobility of job site, etc, there are some particular characteristics in the construction accounting accordingly. The purpose of this study is to suggest a rationalization on how to take the accounting from current Construction Accounting Standards related with the principle to the recognition of revenue and expense in construction contracts, the actual condition of construction accounting through the analysis and adjustment Financial Accounting Standard, Construction Accounting Standard, Tax Law, International Accounting Standard are referenced by this study. Analyzes construction accounting using 50 sample construction companies in Chung-buk, which have a general construction industry license. While, in general the major contents of the construction cost are material cost, labor cost, sub-contract cost, site administration cost and allocation of overheads cost The conclusion of this study can be summarized as follows.
First, when the Recognition of construction income, shall be applied by the percentage-of-completion method. in disconnection with long-term-contract or short-term-contract It is the same stipulation in Financial Accounting Standards.
Second, it is necessary that appropriate and objective standard related with computation of estimated construction costs.