Advanced Accounting and Financial Statement Issues for Construction Contractors

This session will review and discuss select advanced accounting, financial statement presentation and reporting matters facing construction contractors and users of their financial statements, including, but not limited to, current accounting pronouncements, joint ventures and other accounting issues.

• Gain an understanding and awareness of common issues surrounding the accounting and financial statements of a construction contractor
• Review and understand advanced contractor issues such as unapproved change orders/claims, joint ventures, insurance and other contract related reserves, etc.
• Understand select new accounting pronouncements that will impact the construction industry, including revenue recognition, VIE reporting requirements, goodwill, etc.