7 Key Points to Study for IAS 11 Construction Contracts

When studying IAS 11 Construction Contracts, you can split the topic into seven key areas:

1.  Definition of a construction contract

A construction contract is a contract specifically negotiated for the design, manufacture or construction of:

  • a single asset such as a bridge, building or road, or
  • a number of related assets. For example, a large factory may have different components

Read more7 Key Points to Study for IAS 11 Construction Contracts

6 Features of Good Corporate Governance in Public Sector Organisations

Public Sector organisations are different to private organisations as there can be a number of different stakeholders involved. For example, they may report and be held accountable to senior civil servants, who run the organisation and oversee its goals. They may also be accountable to the politicians, who these civil servants report to. Ultimately, they are accountable to the electorate, who vote the politicians into office.

Read more6 Features of Good Corporate Governance in Public Sector Organisations