Objective
- Apply accounting and financial reporting standards to construction contractors
- Perform audit and review engagements for construction clients according to the Standards as efficiently and effectively as possible
- Identify tax compliance issues unique to the construction industry and apply the latest changes
Highlights
- Overall landscape of the construction industry
- GAAP and recent changes affecting the construction industry
- The new Revenue Recognition Standard and its impact on the construction industry
- Unique audit and review issues with construction contractors
- The unique relationship between the contractor and the surety
- Tax compliance issues facing construction contractors
- Going concern disclosures and their importance to the construction industry
- The new lease FASB ASU and its impact on the construction industry
Designed For
Practitioners who have construction clients and professionals in the construction industry who need to be up-to-date on the latest informationPrerequisite
Previous experience in the construction industry or in providing service to construction clientsAdvanced Preparation
None