Dr. Farhat, words cannot express my gratitude! I need to try your course!

Dr. Farhat, I deeply thank you for this videos you cannot imagine how far it's useful for me. would you please clarify how did you calculate billing of construction?

This video is a life saver!

This was really helpful. Thank you so much Dr. Farhat Sir

Clear and concise. Nicely done!

Hello, very nice to know the accounting method to do POC. Most businesses I've worked in don't bother to maintain construction in progress a/c separately. The revenue billing is considered the POC and cost taken to COGS is determined by the same % or that forms the basis for the revenue % billing. May I know the few companies that actually do practice this method for personal knowledge.

Thank you!

Great, man, thanks!

Life saver 💌

Thx Dr Farhat

What if actual costs ended up less than total estimated costs?

Excuse me CIP in third year is 800K not 1000 K ..it represent the cost incurred

Thank you so much. I pretty appreciate your lecture. It's do much better tag Tim Gearty

How to calculate progress billing during the year and cash collected during the year? thank you

For the balance sheet part, according to the becker, CIP = cost + estimated earning, why do we not add earning of 66,667 for first year and cost of $200,000 for CIP in the question?

Could you elaborate on how you got 1M for CIP? If I'm not mistaken, I thought it'd be 800k

you are so faster Sir please reduce The speed