COR1951. Contract WIP for Heavy Highway Contractors

Track: 
Accounting & Auditing - Construction
Field of Study: 
Accounting
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Attendees should have a basic understanding of A&A, Tax and Industry Issues

Friday, December 6, 2019
 
3:15pm-4:05pm

This presentation will include a discussion of analytical procedures and considerations required for preparation of the contract WIP schedules for heavy highway contractors. The session will also include internal control and auditing procedures to consider for the contract WIP schedules.
Learning Objectives:

  • Participants will learn about issues affecting the contract WIP schedules of heavy highway contractors, including unit price contract issues, liquidated damages, front end loading, contract risk, DBE compliance, etc.
  • Participants will receive guidance about the impact of the new revenue standards on the contract WIP schedules


SESSION SPEAKER(S)

CPA
CPA | Davidson Consulting