Construction Contractors: Accounting and Auditing

Tuesday, October 24, 2023
8:00 AM - 3:30 PM (opens at 7:30 AM) EST
8Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$295.00 Regular Price
Non-Members
$395.00 Regular Price
Course Type: CPE Seminars
Course Code: 23/MACAAWS
Level: Basic
Vendor: Maryland Association of CPAs
Field of Study: Auditing, Accounting

Overview:

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.

Major Topics:

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

Major Topics:

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

Designed For:

Practitioners and financial professionals in the construction industry

Prerequisites:

None