kustannusperusteinentoteutusperusteinen
Kustannusperusteinentoteutusperusteinen is a Finnish term that can be translated as "cost-based implementation-based" or "cost-based, realization-based." It refers to a method or principle used in accounting and financial management, particularly in the context of long-term projects or investments. The core idea is to recognize and record costs and their subsequent realization over time, aligning financial reporting with the actual progress and completion of an undertaking.
This approach contrasts with simpler methods that might recognize costs only at the point of expenditure or
In practice, this principle can be applied in various sectors, including construction, software development, and research