Construction Contractors: Auditing Considerations

Friday, January 10, 2025

Webcast or Webinar, Online

9:00 AM - 1:00 PM (opens at 8:30 AM) EST

4Credits

Accounting and Auditing

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$213.00 Regular Price

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$261.00 Regular Price

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Course Type: Webcast

Course Code: 24/AI531975

Level: Basic

Vendor: AICPA CPE Division

Field of Study: Auditing

Overview:

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

Objectives:

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

Major Topics:

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

Major Topics:

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

Designed For:

Practitioners

Accountants

Financial professionals in the construction industry

Prerequisites:

None