ACCRUED EXPENSES

6 Months Ended

Sep. 30, 2017

ACCRUED EXPENSES

ACCRUED EXPENSES

NOTE 8 - ACCRUED EXPENSES

Accrued expenses included the following as of:  

	September 30, 2017		March 31, 2017
Accrued compensation	$	551,128	$	568,766
Provision for contract losses		177,838		148,699
Accrued professional fees		141,139		142,648
Accrued project costs		97,525		--
Other		41,087		33,302
Total	$	1,008,717	$	893,415

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.