Surgent's Construction Contractors: Accounting and Financial Reporting Issues

Course Details

Date

Thursday, May 1, 2025 – Thursday, April 30, 2026

Course Number

SU0166

CPE Credit

4.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Previous experience in the construction industry or providing service to construction clients

Description

Accounting and financial reporting for construction contractors may be the most difficult area to comply with the various standards. Construction engagements are, in many instances, more complicated than most lines of business due to the many users of the financial statements. In this course, we will discuss why construction accounting and financial reporting is so complex and examine the relationship between the contractor and the surety, both from an underwriting and a claims perspective. We will also explore what the surety looks for to maximize potential bond credit.

Highlights

  • Overall landscape of the construction industry
  • GAAP and recent changes affecting the construction industry
  • FASB ASC 606 and its impact on the construction industry
  • The unique relationship between the contractor and the surety
  • FASB ASC 842 and its impact on the construction industry

Objectives

  • Recognize accounting and financial reporting standards relevant to construction contractors

Designed For

Practitioners who have construction clients and professionals in the construction industry who need to be up to date on the latest information

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$79.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$129.00
Your Price $129.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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