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Construction and Real Estate Conference 2016


45 - Contracts in Progress Schedule - Preparation, Analysis & Issues


Dec 9, 2016 12:40pm ‐ Dec 9, 2016 1:30pm

Standard: $49.00

Description

The session will focus on an in-depth review of the contracts in progress (CIP) schedule and the related completed contract schedule, including: Required contract disclosure information; New revenue recognition standards; Reporting claims, change orders, liquidated damages, escalation clauses and other contract changes; Most common preparation errors.

  • Participants will hear the "Do's and Don't's" when preparing the Contracts in Progress (CIP) schedule
  • Participants will learn what disclosure information is required to be included on the CIP schedule and related financial statement footnotes.
  • Learn about key benchmarks and red-flag indicators to review when analyzing the CIP schedule, including under/over billing analysis
  • Participants will learn about best practices to use when designing and preparing the CIP schedule

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