Description
This overview highlights the key learning objectives and topics that are addressed in the full Construction Contractors: Accounting and Auditing course and the smaller accounting focused and auditing focused derivative courses. From important accounting concepts such as revenue recognition to auditing risk in the construction world, this course summarizes the critical topics covered in the larger courses.
Designed For
- Auditors of construction contractors.
- New staff auditors with responsibilities in the construction sector.
Objectives
- Recall the common steps in the construction process and the common players in the industry.
- Identify significant accounting considerations for construction contractors.
- Recall considerations of auditors when servicing construction contractors.
Highlights
- Contract accounting
- Revenue recognition
- Working with a surety
- Job costs
- Auditing contracts
- Auditor's reporting