ABSTRACT: The topic covered in this article concerns the accounting treatment of construction contracts. The new document OIC 23 provides that the pre-operating costs are no longer considered long-term costs but operating costs. Also it provides that they should affect the result for the period in proportion to the execution of the contract. According to the Authors, the two provisions are incompatible with each other.
KEYWORDS: construction contracts, pre-operating costs, national accounting standards.
Capodaglio, G., Dangarska, V. (2016). I costi pre-operativi nelle commesse a lungo termine, RIREA, n.1, pp. 160-163.
