Accounting challenges in the context of a diversified construction business

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This article reveals challenges in revenue and expense recognition in construction, suggesting implications for accounting standards.

Construction businesses struggle with determining reliable financial results due to varying production durations.
The article uncovers issues in recognizing income from short cycles used in long-term projects, creating a regulatory gap.
Key methodologies like induction, analysis, and modeling were utilized to address accounting complexities in construction.
These findings highlight the need for improved accounting standards to manage complex situations in construction finance.

SEREBRYAKOVA et al. (2025) studied this question.

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