Construction Contractors: Accounting & Auditing
Description:
The construction industry is one of the most unique when it comes to being in
compliance with the various accounting and auditing standards. This course
examines the core knowledge necessary to succeed and the key issues impacting
construction accounting and auditing, including the new revenue recognition
guidance. Find out what other new developments may mean for you, your
company, or your clients. In addition, this course explores the relationship between
the contractor and the surety. With construction comprising such a large portion
of the economy and always growing, it is more important than ever for you to be
on top of the very latest in accounting and auditing changes for the construction
industry.
Highlights:
• Contract accounting and revenue from contracts with customers
• Contractor financial statements
• Working with a surety
• Audit planning and procedures
• Long-term contracts
Objectives:
When you complete this course you will be able to:
• Recall ways to provide efficient, high-quality audit services to
construction clients.
• Identify key concepts related up-to-date GAAP accounting methods
applicable to construction contractors.
Prerequisites:
None
Designed For:
Practitioners and financial
professionals in the construction
industry
professionals in the construction
industry