Description
This session will provide an understanding of fundamental concepts of construction accounting and auditing.
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.
Speaker(s):
