Accounting  |  Format: Flash

Accounting Issues for Construction Contractors

Course Overview
This course provides an introduction to construction contractor issues and accounting outcomes. In addition, it discusses the FASB's new revenue recognition standard and its impact on construction industry�s revenue recognition practices.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify key reasons why contractors fail
  • Differentiate between the various methods of recognizing revenue for construction contracts
  • Recognize differences in Tax vs. GAAP accounting for construction contracts
  • Identify key characteristics of the new revenue recognition standard
    Catalog Number: 99NPT08
    CPE Credits: 1 Registry / 1 QAS
    Author: Don Paul Cochran, JD, CPA
    Advanced Preparation:
    Course Level: Overview
    Field of Study: Accounting
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Windows or Mac OS
    Release/Expiration Dates: Jul 18, 2017 / Nov 30, 2019