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Contract Accounting, Lease Accounting, and Their Impact on Construction Contractors

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Online/Webcast

1.50 Credits

Member Price $69.00

Non-Member Price $85.00

Overview

Construction contracts and leases that contractors enter into are some of the most difficult items encountered by auditors. This course focuses solely on these two issues to ensure you are prepared.

Highlights

  • Contract accounting
  • Revenue recognition
  • Leases

    Prerequisites

    None

    Designed For

  • Auditors of construction contractors.
  • New staff auditors with responsibilities in the construction sector.

    Objectives

    • Recall the details in the accounting for construction contracts in FASB ASC 606,
    • Revenue from Contracts with Customers
    • , including the appropriate accounting alternatives for construction-type contracts.
    • Recall the details in the accounting for leases in accordance with FASB Accounting Standards Update (ASU) No. 2016-02,
    • Leases
    • (Topic 842).
  • Non-Member Price $85.00

    Member Price $69.00