# Contract Accounting

Skill · Finance and Accounting

Canonical page: https://career.thegoodapps.co/skills/contract-accounting

Contract accounting is the specialized accounting practice of recognizing revenue and costs associated with long-term contracts, often using methods like percentage-of-completion or completed-contract accounting. It's used by accountants and finance professionals in industries such as construction, engineering, and defense, where projects span multiple accounting periods and require careful revenue recognition under standards like ASC 606.

## Roles that use Contract Accounting

- [Accounting Manager](https://career.thegoodapps.co/occupations/accounting-manager) — 1

Related skills: [Project Accounting](https://career.thegoodapps.co/skills/project-accounting), [Cost Accounting](https://career.thegoodapps.co/skills/cost-accounting), [Revenue Recognition](https://career.thegoodapps.co/skills/revenue-recognition), [Construction Accounting](https://career.thegoodapps.co/skills/construction-accounting)

## Open roles requiring Contract Accounting (1)

- [Senior Manager, Revenue Accounting (R5481)](https://career.thegoodapps.co/jobs/4ed656e9-6753-43d6-9e8e-47f66f186f8c/senior-manager-revenue-accounting-r5481-at-shield-ai) at [Shield AI](https://career.thegoodapps.co/organizations/shield-ai) — Full-time, San Diego, CA, $140,000 – $250,000