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24SR-P042: Construction Industry GAAP Review and Contract WIP Reporting and Analytics (Virtual)

Tuesday, August 20, 2024
8:00am - 11:45am Central Time
4 CPE (4 technical)
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Explore the intricacies of financial reporting within the construction industry, focusing on Generally Accepted Accounting Principles (GAAP) and the analysis of Work-in-Progress (WIP) contracts. Gain a thorough understanding of key concepts, including the latest trends and developments shaping the construction sector.

Major subjects

  • Construction industry overview including current trends and developments
  • Review of construction GAAP including ASC 606 revenue recognition implementation
  • Contract WIP schedules and analytical procedures

Learning objective(s)

  • Learn the implementation of ASC 606 revenue recognition standards and the interpretation of contract WIP schedules
  • Explore the analytical procedures crucial for effective financial decision-making within the construction domain
  • Obtain the knowledge and skills necessary to navigate complex financial scenarios and optimize reporting processes in construction projects

Who should take this program?

CPAs serving clients in the construction industry as well as CFOs, controllers and accountants who work for construction contractors

Fees

Our records indicate you are a nonmember. If you register, you will be charged $259.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $209.00
checkmark Standard Nonmember Fee $259.00

More program information

Instructor Robert Davidson, CPA
Location

,
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (4.0)
Level Intermediate
Format Group Internet Based
Sponsor MNCPA
NASBA ID#: 139884
Prerequisites Prereq. Basic construction industry accounting and tax knowledge, or experience in construction industry accounting
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more
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