ACCRUED EXPENSES

12 Months Ended

Mar. 31, 2020

ACCRUED EXPENSES

ACCRUED EXPENSES

NOTE 11 - ACCRUED EXPENSES

Accrued expenses included the following as of March 31:	2020		2019
Accrued compensation	$	383,555	$	284,651
Provision for claims settlement		495,000		—
Provision for contract losses		285,480		57,792
Accrued professional fees		279,657		267,309
Accrued project costs		76,059		118,929
Other		34,773		24,818
Total	$	1,554,524	$	753,499

Accrued compensation includes amounts for executive bonuses, payroll and vacation and holiday pay. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in the provision are recorded in cost of sales. Accrued project costs are estimates for certain project expenses during the reporting period.