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Construction Contractors: Accounting and Auditing Expertise
hace 2 meses
The construction industry is a significant contributor to the economy, and its growth demands that professionals stay up-to-date with the latest accounting and auditing standards. This course provides essential knowledge for success in this field, addressing key aspects affecting construction accounting and auditing. It includes an exploration of the new revenue recognition guidance, alongside other recent developments, helping professionals gauge their implications for themselves, their businesses, or their clients. Additionally, this course sheds light on the dynamics between contractors and sureties.
Key Highlights• Contract accounting and revenue recognition from contracts with customers
• Contractor financial statements
• Working with a surety
• Audit planning, procedures, and reporting
• Long-term contracts
PrerequisitesNone
Designed ForProfessionals and financial experts in the construction industry
Course Objectives• Recall ways to provide efficient, high-quality audit services to construction clients
• Identify significant accounting and auditing considerations relevant to construction contractors
