Surgent's Construction Contractors: Accounting and Financial Reporting Issues (Webinar)
Space is available, but online registration has closed. Please call 952-831-2707 to register.
Tuesday, February 25, 2020
Accounting - Technical (4.0)
William I. Eskin, CPA
Standard member fee
Standard nonmember fee
to receive member fee.
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 businesses 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, from both an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit.
Who should take this program?
Practitioners who have construction clients and professionals in the construction industry who need to be up-to-date on the latest information
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
The unique relationship between the contractor and the surety
The new lease FASB ASU and its impact on the construction industry
Apply accounting and financial reporting standards to construction contractors
NASBA ID#: 103212
Group Internet Based
Previous experience in the construction industry or in providing service to construction clients