Capitalization of project costs affects the balance sheet, while expensing the costs affects the income statement. The route you assign determines whether your asset base increases or your profits ...

Project accounting and project controls are two of the more common terms used in construction management. However, project accountants mainly focus on the billing cycle, and making sure that all ...

This lesson introduces you to the basic concepts and standards used in the accounting world. Find out how the day-to-day administrative tasks you perform tie into Queen’s accounting world and the ...