PGC paragon care limited

Why do profits only accrue from settlement, I would have thought...

  1. 2,898 Posts.
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    Why do profits only accrue from settlement, I would have thought that it is usual for the Contract to apply. Unless there is some specific provision in the Contract? I would appreciate it if you could point me to the relevant accounting standard. I am always wanting to lean more on how these things work.
 
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