Construction is a field of human activity related to erecting construction objects, dependent on the civil engineering area of science. It is also a branch of practical know-how, technique applied in construction. Its main task is to erect new construction objects. It also includes the redevelopment, reconstruction, modernisation and maintaining already existing objects.

In terms of a company’s accounting in case of providing unit services which last longer than an accounting period, including long-term service contracts (construction), an order method of cost accounting is unavoidable; this method ensures a complete cost accounting, especially costs of unfinished production, and the correct valuation of this item of assets. The order method is more labour-intensive and requires technical services to be included at the stage of documenting the expenses of direct services.