Construction Industry Accounting and Financial Reporting
Total Credits: 8 including 3 Accounting - Technical, 3 Auditing- Technical, 2 Taxes - Technical
- Average Rating:
- 21
- Categories:
- Accounting and Auditing | Partner Produced | Tax
- Speaker:
- Robert A. Davidson
- Course Levels:
- Intermediate
- Duration:
- 8 Hours
- License:
- Product Setting: Expires 40 day(s) after program date.
Description
The course materials are applicable to both CPAs providing services to construction contractors as well as CFOs, controllers and internal accountants. The seminar will include a review of the basic principles of construction accounting and taxation and address financial management and reporting issues encountered in the construction industry. The discussion will include updates on construction GAAP and GAAS and recent tax legislation applicable to the industry.
Basic Course Information
Learning Objectives *Participants will learn how to provide accounting, tax and consulting services for contractors as independent CPAs and as CFO/ControllerMajor Subjects
*Overview of basic principles of construction accounting and taxation*Internal controls designed for the construction contractor
*Contract analytical review procedures and benchmarking
*Financial statement disclosures and reporting requirements
*Percentage of completion method issues and risks
*Surety analysis and yellow (red) flag indicators
*Recent GAAP and GAAS pronouncements affecting construction
*Contractor valuations including merger and acquisition considerations
*Contract claims and change order documentation and disclosure
*Recent GAAP and GAAS pronouncements impacting contractors
*Most commonly missed tax strategies and recent tax developments
Course Materials
| Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase | ||
| CIAFR EZ Materials (4.70 MB) | Download | ||
Additional Info
Basic Course Information
Prerequisites Basic construction industry accounting and tax courses, or experience in construction industry accountingAdvanced Preparation None
Designed For CPAs serving clients in the construction industry as well as CFOs, controllers and accountants who work for construction contractors
Original Recording Date 06/26/2018
Yellow Book No
Course Developer FICPA
Date Added to Catalog 03/27/2018
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
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