Construction Contractors: Accounting, Auditing & Tax

Overview

Designed for practitioners working with construction contractors, this basic-level course provides the information needed to help clients in this industry. Participants will examine topics that include the predominant types of construction contractors and the work they typically perform; accounting guidelines in accordance with FASB Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers, and FASB Accounting Standards Update No. 2016-02, Leases (Topic 842); and audit risks, planning considerations, and procedures. Additionally, they’ll learn about the types of surety bonds and financial benchmarks that might be analyzed in a contractor’s financial statements.