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Not sure if this would be better in a different thread, please let me know if so.
Cousin has an interview with a civil engineering firm and has a few questions regarding differences between financial accounting and accounting in an engineering firm. If anyone can give some information or some resources, that would be very helpful. Thank you!!!
1. How does project accounting get handled when preparing the year end financials?
2. Is management reporting usually different for project accounting vs financial accounting?
3. What are common issues encountered when a company uses project accounting?
4. How does project accounting affect retained earnings at the close of the year?
Cousin has an interview with a civil engineering firm and has a few questions regarding differences between financial accounting and accounting in an engineering firm. If anyone can give some information or some resources, that would be very helpful. Thank you!!!
1. How does project accounting get handled when preparing the year end financials?
2. Is management reporting usually different for project accounting vs financial accounting?
3. What are common issues encountered when a company uses project accounting?
4. How does project accounting affect retained earnings at the close of the year?