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

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