Search Elements:
Element was deprecated because the guidance from which this element is derived is no longer applicable.
2023
2023
- Taxonomy
- us-gaap
- Name
- RevenueRecognitionPercentageOfCompletionMethod - (DEPRECATED)
- Label
- Revenue Recognition, Percentage-of-Completion Method [Policy Text Block]
- Period Type
- duration
- Type
- dtr-types:textBlockItemType
- Definition
- Disclosure of accounting policy for revenue recognition for long-term construction-type contracts accounted for using the percentage-of-completion method. The disclosure would generally be expected to include the method or methods of measuring extent of progress toward completion. If the entity departs from using the percentage-of-completion method for a single contract or a group of contracts for which reasonably dependable estimates cannot be made, such a departure from the basic policy is disclosed. The disclosure may also describe the accounting for significant changes in estimate.