 |
| <- Previous Page |
|
|
Construction Contractors Advanced Issues
|
|
|
| Date |
August 04, 2010
|
|
| Location | Quality Inn, Grand Island, NE |
|
|
| Course Time |
|
8:30 a.m. to 4:30 p.m. |
|
|
Many contractors have fallen victim to the rough construction economy. Along with the contractors, sureties are seeing record claims being filed on projects. In this magnified environment, the CPA should have a thorough understanding of the construction industry and the professional standards that impact construction contractor engagement. Delve beyond the basics of many issues the construction industry brings to the accounting profession. Get hands-on advice on the accounting, audit and tax issues that make the construction industry a high-risk client. Be prepared to address difficult issues such as look back calculations, measuring progress of construction contracts and overhead allocations. Enhance your skills today to reduce the risk of your next construction engagement.
|
| Course Highlights & Objectives |
|
Accounting for materials, joint ventures and overhead allocations. AMT adjustments. Common audit deficiencies - how to avoid them. Contract issues - combining and segmenting and measuring progress. Internal controls for contractors - addressing change orders, accounting for equipment, claims and back charges. Look-back calculation issues. Proper election of change of accounting methods. Tax planning strategies.
Be able to evaluate and rework audit process to avoid common deficiencies in construction engagements; Improve how to address construction contract issues; and Recognize and apply changes in tax regulations on the construction industry. |
|
| Who Should Attend |
|
| CPA firm audit managements or experienced financial professionals in the construction industry. |
| Course Level | Advanced |
| Prerequisites | Experience in providing services for construction contractors. |
|
|
|
|
|
| Discussion Leader | William Eskin, AICPA |
|
|
|
|
|
| Additional Information: |
Parking is available on site and lunch is provided. |
|
|
| Fee |
$230 - Society Member
$260 - AICPA or Society Nonmember
$290 - AICPA & Society Nonmember |
|
|
| <- Previous Page |
|
