COR19101. Fundamentals of Construction Accounting and Auditing

Track: 
Accounting & Auditing - Construction
Field of Study: 
Accounting
Auditing
CPE Credit: 
4.5
Knowledge Level: 
Beginner
Advanced Preparation: 
None

Wednesday, December 4, 2019
 
8:00am-12:00pm

This session will provide an understanding of fundamental concepts of construction accounting and auditing. Participants will:

Learning Objectives:

  • Learn basics on going through accounting for construction contracts and how to approach an audit of a construction contractor.
  • Learn about incorporating Topic 606 (revenue recognition) and understanding the key inputs, measures, constraints, and other items needed to properly account for contracts.
  • Learn how to audit construction contractors, including risk assessments, understanding risks associated with construction contractors, implementing Topic 606 procedures.


SESSION SPEAKER(S)

Partner | Marcum LLP
CPA
Manager | CLA (CliftonLarsonAllen LLP)