January 11, 2023

Webinar

4 CPE Credits

Webinar (AICPA): Construction Contractors: Non-Revenue and Non-Lease Accounting Considerations

January 11, 2023
Webinar
4 CPE Credits

Webinar (AICPA): Construction Contractors: Non-Revenue and Non-Lease Accounting Considerations

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    Instructor

    Jennifer
    Elder

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    Jennifer Elder, CSP, CPA, CMA, CIA, CFF, CGMA, MS

    Bio

    Jennifer is a Solutions Consultant with the AICPA. She works with forward-thinking organizations to fast-track their leadership development programs. She helps smart financial professionals transform from technically talented to strategically savvy.   As a keynote speaker and trainer, Jennifer has presented her engaging and highly interactive sessions to over 15,000 people in all 50 states and 12 countries.  Her clients include Home Depot, Campari, Experian, HP, Capgemini, and Oracle.

    In 2018, Jennifer earned the designation of Certified Speaking Professional (CSP), making her one of only 15 people worldwide who hold both the CPA and CSP designations.

Construction accounting is not just about revenue (bold)

Although contract accounting deals with revenue, the other items on the financial statements are just as important and they should not be neglected. There are also items that may not be on financial statements, but do have an effect on the day-to-day operations.

While working with contractors, you’ll probably come across surety bonds. When a project owner works with contractors, a surety bond gives the project owner a financial guarantee the work of the contractor will be done according to the contract.

In this webcast, you’ll
– Listen to a detailed discussion of the contractor environment and the players in the industry
– Review how costs are allocated
– Learn a revised set of illustrative financial statements and footnotes
– Understand what it means to work with a surety

Learning Objectives

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

Major Topics

*up to date GAAP and private company Accounting Guidance, including Contract Revenue recognition

CPE Credits Available

4 CPE Credits
4
Accounting

Things to Know About This Course

Course Level

  • Basic

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.

Intended Audience

accountants of all abilities who work with construction clients

Provider

AICPA - Durham

This event has ended.