Surgent's Construction Contractors: Accounting and Financial Reporting Issues (CST4)
Date/Time
5/22/2024
12:00 PM - 3:30 PM Central
12:00 PM - 3:30 PM Central
Course Registration
Credits
4 Credits
Event Type(s)
Webinars
Event Description
Accounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also, construction engagements are, in many instances, more “dangerous” than most lines of business due to the many users of the financial statements. In this course, we will discuss why construction accounting and financial reporting are so complex and discuss the relationship between the contractor and the surety, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit.
Objectives:
Presenters:
Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA
Field of Study:
Accounting (4)
Major Topics:
Objectives:
- Apply accounting and financial reporting standards to construction contractors
Presenters:
Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA
Field of Study:
Accounting (4)
Major Topics:
- Overall landscape of the construction industry
- GAAP and recent changes affecting the construction industry
- The Revenue Recognition Standard and its impact on the construction industry
- The unique relationship between the contractor and the surety
- The lease FASB ASC and its impact on the construction industry
Location
Webinar
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