The construction industry comes with many advanced accounting issues, audit procedures, and tax issues, making those engagements inherently riskier. This course will prepare you to address difficult issues such as look-back calculations, measuring progress of contracts, overhead allocations, and internal controls for construction contractors so you can identify and manage the risks inherent with construction contractor engagements.
8:30 AM until 4:30 PM
LCPA Training Center
2400 Veterans Memorial Blvd
Kenner, Louisiana 70062
Online registration is closed.
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AICPA members receive an additional $30 off the registration fee for this course.
Discount made at the time of checkout. Qualifying members should have received a promo code via email – if you are unsure whether you qualify, or you lost/never received your code, please call the LCPA Member Service Center at 504.464.1040 or 800.288.5272.
The construction industry comes with many advanced accounting issues, audit procedures, and tax issues, which makes construction contractor engagements inherently higher risk than other engagements. As a result, practitioners and financial professionals should be prepared to address difficult issues such as look-back calculations, measuring progress of contracts, overhead allocations, and internal controls for construction contractors. Learn about some of the most pervasive issues in the construction industry and how to identify and manage the risks inherent with construction contractor engagements.
Designed for: Practitioners and financial professionals in the construction industry
- Apply complex accounting and financial reporting standards to construction contractors.
- Evaluate and rework audit processes to avoid common deficiencies in construction engagements.
- Identify tax compliance issues unique to the construction industry.
- Contractor internal controls
- Fraud and the contractor
- Joint venture accounting
- Contractor’s benchmarks
- Cash management for the contractor
- Construction cost allocations
- Assisting the financially troubled contractor
- Audit risks
- Deferred income taxes
- Tax planning and AMT
- Look-back method
Requisite Knowledge: Previous experience in the construction industry
Speaker: Jennifer Elder
Field of Study: Accounting & Auditing
CPE Credits: 8
Early Bird (through 11/5)
Standard (after 11/5)