Housebuilders - Accounting issues

shellbell0501
shellbell0501 Registered Posts: 4 New contributor ?
HI Im looking for some information please? Does anyone know what type of accounting issues that housebuilders are likely to face? Any help is greatly appreciated

Shelley

Comments

  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    Your question is a bit general. What sort of issues are you anticipating? Are you talking about a self-build or a self-employed builder?
  • shellbell0501
    shellbell0501 Registered Posts: 4 New contributor ?
    in regards to a company that builds houses? Like would they need to make any special provisions etc. Its for a joh interview - the question I was given was as follow:

    - Discussion around the accounting issues that the candidate thinks a house-builder may have

    Im really struggling with this and sorry i cant give more information

    thanks
    Shelley
  • KernowAccountant
    KernowAccountant Registered Posts: 103 ? ? ?
    Ias 11, ssap 9, uitf 40.
  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    A couple of points:
    Treatment of VAT
    Construction Industry Scheme to pay contractors
  • shellbell0501
    shellbell0501 Registered Posts: 4 New contributor ?
    great, many thanks - this will keep me busy tonight! thanks again :001_smile:
  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    No problem. Good luck with the interview!
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