Construction Contractors Advanced Issues
Partner and Practice Leader,
Bober Markey Fedorovich
The construction industry comes with many advanced accounting issues, audit procedures and tax issues, which makes construction contractor engagements inherently higher risk than other engagements. Practitioners and financial professionals must be prepared to address difficult issues, such as look-back calculations, measuring progress of contracts, overhead allocations and internal controls for construction contractors. Explore some of the most pervasive issues in the construction industry and how to identify and manage risks inherent in construction contractor engagements.
Attendees will learn how to apply accounting and financial reporting standards to complex situations involving construction contractors and evaluate and perform audit processes to avoid common deficiencies in construction engagements. They will also be able to identify tax compliance issues unique to the construction industry.