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Webinar (AICPA): Contract Accounting and Lease Accounting and Their Impact on Construction Contractors

Description

Construct a solid audit for contractors (bold)

Dive deep into the five-step approach for revenue recognition in the construction industry and learn through practical examples the rules and interpretations that you might need.

Leases are critical for contractors — from equipment to warehouse space, leases appear prominently on many contractors’ books — so we’ll review the current guidance and the new guidance under ASC 842..

In this webcast, you’ll
– Hear detailed discussion of the guidance under FASB ASC 606, Revenue from Contracts with Customers
– Identify and understand the items within the five-step recognition process
– Seek better understanding of the guidance under FASB ASC 842, Leases
– Learn why leases are so important to contractors
– Understand both current and future lease guidance

Learning Objectives

•Identify techniques to provide efficient, high-@Quality audit and Accounting services to construction clients

Major Topics

*Contract Accounting

Provider
AICPA - Durham
Course Level
Basic
CPE Field of Study
Accounting
1.5
Who Should Attend

Auditors of construction contractors

Instructor(s)
Jennifer Elder
Prerequisites

None

Advanced Preparation

This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Location
Webinar
Event Information
When
Jan 11, 2023
12:00 pm - 1:30 pm MDT
Location
Webinar
Total CPE Credits
1.5
Format
Webinar

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$87.00

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$109.00
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Webinar (AICPA): Contract Accounting and Lease Accounting and Their Impact on Construction Contractors


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