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Chapter 10






                          Overview





                       (1) Check whether contract                  (2)  Consider stage of
                             is profit making.                          completion.












                                                     Construction

                                                       Contracts
                                                          IAS 11








                        (4)  Determine statement of               (3) Determine statement
                             financial position                         of profit or loss
                             balances.                  Equity          figures.


























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