Course

**CANCELLED** Construction Contractors: Auditing Considerations - Virtual Only

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Event Details

Tuesday, October 19, 2021

12:30pm – 4:00pm
(Registration: 12:00pm)

Location

Facility Pending

Webcast Only

Field of Study

  • Auditing

CPE Credit

4 hours CPE credit

Course Code

CL4CAUD-39

Instructor

Level of Knowledge

Basic

Vendor

AICPA

Prerequisites

None

Description

All materials will be electronic only

Auditing contract revenue can be challenging. Long-term contracts can be even more difficult. This course examines the core knowledge necessary to succeed and the key issues impacting construction auditing, including auditing under the new revenue recognition and leases guidance. Further, this course will provide an overview of the audit risks when working with contractors, audit planning and risk assessment and substantive auditing procedures commonly performed. With construction comprising such a large portion of the economy and always growing, it is more important than ever for you to be on top of the very latest in accounting and auditing changes for the construction industry.

Highlights

  • Auditing contractor accounting and revenue from contracts with customers
  • Planning, including risk assessment, for construction contractors
  • Key internal controls
  • Substantive procedures for long-term contractors

Objectives

When you complete this course you will be able to do the following:

  • Recall key considerations regarding the construction industry and the players who take part
  • Identify key concepts related auditing procedures applicable to construction contractors

Designed For

Practitioners and financial professionals in the construction industry.

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