Construction Contracts – Inventory and DepreciationForums › ACCA Forums › ACCA FR Financial Reporting Forums › Construction Contracts – Inventory and DepreciationThis topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 14, 2011 at 1:27 pm #48095 smileyface123MemberTopics: 5Replies: 1☆How to you account for inventory and depreciation in construction contracts?TIA April 15, 2011 at 11:59 am #80845 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Inventory is deducted from the “Costs to date”Depreciation as added to the “Costs to date”does that help?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In