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AICPA Construction and Real Estate Conference 2020


COR20101 - Construction - Fundamentals of A&A


Dec 10, 2020 1:00pm ‐ Dec 10, 2020 5:00pm

Standard: $79.00

Description

(Additional Fee) 

This session will provide an understanding of the basic fundamental concepts of construction accounting and auditing.

Learning Objectives:


  • Learn basics on accounting for construction contracts, including change orders and job cost allocations.
  • 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, and what we’ve learned from auditing Topic 606.
  • Identify key accounting and financial statement issues facing construction contractors and apply best practice considerations.

Speaker(s):

Category: Post-Conference Optional Workshop

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