Join      Renew      Advertise      Directory

CANCELLED: Construction Contractors Advanced Issues (CCAI)

  • 10/18/2018
  • 8:00 AM - 4:00 PM
  • Bismarck Radisson 701-255-6000

Registration


For member pricing, please log in using the email you have on file with the Society. Fees increase by $30 when registering less than 14 days before the class.

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.

When you complete this course you will be able to:

  • Apply accounting and financial reporting standards to complex situations involving construction contractors.
  • Evaluate and perform audit processes to avoid common deficiencies in construction engagements.
  • Identify tax compliance issues unique to the construction industry.

Topics Discussed:

  •  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

Intended Audience: Practitioners and financial professionals in the construction industry

Level: Advanced
Instructor: Curtis Quickel
Developer: AICPA
Area of Study: 4 Auditing (Technical), 2 Accounting (Technical), 2 Taxes (Technical)
Prerequisite: Previous experience in the construction industry


Visit Us:

3325 South Washington Street
Suite B2
Grand Forks, ND 58201

Contact Us: 

 (701) 775-7111
or (877) 637-2727
Email: info@ndcpas.org

Connect with us:

Powered by Wild Apricot Membership Software