Construction Contractors: Auditing Considerations

Overview

Auditing contract revenue can be challenging. Long-term contracts can be even more difficult. Learn the knowledge necessary to conduct a successful audit of contracts, and the key issues affecting construction auditing, including auditing under the new revenue recognition and leases guidance.

Challenges and solutions of auditing contracts
With construction comprising a large and growing portion of the economy, it’s important to stay on top of the very latest in accounting and auditing changes for the construction industry. In this webcast, you will gain insight about:

Audit planning and substantive auditing procedures

The core knowledge necessary to succeed

Key issues affecting construction auditing, including auditing under the new revenue recognition and leases guidance

Audit risks and risk assessment

Course Instructor: Joselin Martin

Highlights

Auditing contractor accounting and revenue from contracts with customers

Planning and risk assessment for construction contractors

Key internal controls

Substantive procedures for long-term contractors

Prerequisites

None

Designed For

Practitioners

Accountants

Financial professionals in the construction industry

Objectives

Identify key concepts related to auditing procedures applicable to construction contractors.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.