Seminar

VIRTUAL - Construction Contractors: Accounting and Auditing

  • Wednesday, November 18, 2020

    9:00am – 4:30pm
    (Registration: 8:40am)
  • 8
    CREDITS
    Accounting, Auditing

Virtual classes allow us to bring the instructor LIVE to your electronic device.  During the course, you will be able to see the same instructor and the presentation in real time and ask questions during the seminar. 
Virtual Class Agenda
8:40am - Online Registration Opens
9:00am - Class Begins
12:30pm - Lunch
1:00pm - Class Resumes
4:30pm - Class Ends
Please note: All breaks will be announced by the instructor at the start of class

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.

Objectives

  • 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

Highlights

  • Contract accounting and revenue from contracts with customers
  • Contractor financial statements
  • Working with a surety
  • Audit planning and procedures
  • Long-term contracts

Additional Information

Designed For

Practitioners and financial professionals in the construction industry

Vendor

American Institute of CPAs

Advanced Preparation

None

Credits

8.00 Accounting and Auditing

Prerequisite

None

Instructor

Jeffrey Lieman

Course Number

20CAAT/NC

Level of Knowledge

Basic

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