Webinar: Surgent's Construction Contractors: Accounting and Financial Reporting Issues
WS1386 | Course | Intermediate | Scheduled
Description
Accounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also, construction engagements are, in many instances, more "dangerous" than most lines of business due to the many users of the financial statements. In this course, we will discuss why construction accounting and financial reporting are so complex and discuss the relationship between the contractor and the surety, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Accounting |
Designed For
Practitioners who have construction clients and professionals in the construction industry who need to be up to date on the latest information
Prerequisites
Previous experience in the construction industry or in providing service to construction clients
Highlights
- Overall landscape of the construction industry
- GAAP and recent changes affecting the construction industry
- The Revenue Recognition Standard and its impact on the construction industry
- The unique relationship between the contractor and the surety
- The lease FASB ASC and its impact on the construction industry
Objectives
- Apply accounting and financial reporting standards to construction contractors
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $159.00
- Non-Member (Early Bird)
- $159.00
- Member
- $159.00
- Non-Member
- $159.00