Description
The construction industry stands out in its need to adhere to a diverse range of accounting standards. This course explores the essential knowledge required for success in construction accounting, as well as the key issues influencing this field. Discover the implications of recent developments for yourself, your business, or your clients. In addition, we will examine the relationship between contractors and sureties. Given the construction industry's significant and ever-expanding share of the economy, staying up to date with the latest accounting updates in this sector is critical. Note: This course does not address FASB ASC 606, Revenue from Contracts with Customers, or FASB ASC 842, Leases. The AICPA offers a companion course which focuses on revenue and lease accounting for construction contractors. See Contract Accounting and Lease Accounting and Their Impact on Construction Contractors (CCREVL).
Highlights
Objectives
- Recall key considerations regarding the construction industry and the players who take part.
- Identify key concepts related to up-to-date GAAP accounting methods applicable to construction contractors.
- Recall the key portions of construction contractor financial statements.
- Understand what a surety is and how they assist in the overall construction process.
Designed For
Course Pricing
WYOCPA Member Fee
$213.00
Non-Member Fee
$261.00
Your Price
$261.00
Upcoming Courses
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Walter Haig's GAAP for SMEs, Tax & Cash Frameworks Update
January 10, 2025
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Surgent's Understanding S Corporation Taxation: Compensation Issues and Entity-Level Taxes
January 10, 2025
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Advanced Negotiations: Beyond Getting to Yes
January 10, 2025
View all upcoming courses