Overview: Construction Contractors: Accounting and Auditing
Overview:
Begin to explore the nuances of working with construction contractors.
From contract accounting and significant leases to unique risks and supplementary information, this overview course highlights the key topics covered in the Construction Contractors: Accounting and Auditing family of courses.
Program features:
- Take a deep dive into contract accounting and revenue recognition.
- Learn about sureties and how they are a key player in the industry.
- Get up to speed on the newest auditing tips for contractors and become familiar with the new auditor's reporting guidance.
Objectives:
Learning Outcomes
- Recall the common steps in the construction process and the common players in the industry.
- Identify significant accounting considerations for construction contractors.
- Recall considerations of auditors when servicing construction contractors.
Major Topics:
Key Topics
- Contract accounting
- Revenue recognition
- Working with a surety
- Job costs
- Auditing contracts
- Auditor's reporting
Designed For:
Who Will Benefit
- Auditors of construction contractors.
- New staff auditors with responsibilities in the construction sector.