Construction Industry Accounting, Financial Reporting & Taxation [CATFBX]

Jul 25, 2018
Time: 8:00am - 4:00pm

Subject:

Taxation / Accounting & Auditing

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

Print Page

Discussion Leader:

Robert A. Davidson, CPA    more info

Robert A. Davidson, CPA, is the owner of Davidson Consulting and the former managing partner of Davidson, Golden & Lundy P.C. Robert is a frequent speaker on construction tax and audit topics for a variety of organizations. He has been the recipient of the Outstanding Instructor Award from the AICPA and from state CPA societies in Tennessee, Virginia, Alabama, Florida and Wyoming.

close close

Website registration for this course closes on July 18, 2018. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Construction Industry Accounting, Financial Reporting & Taxation (CATFBX)

July 25, 2018

Westmark Fairbanks Hotel
813 Noble Street
Fairbanks, AK

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

The course materials are applicable to both CPAs providing services to construction contractors as well as CFOs, controllers and internal accountants. The seminar will include a review of the basic principles of construction accounting and taxation and address financial management and reporting issues encountered in the construction industry. The discussion will include updates on construction GAAP and GAAS and recent tax legislation applicable to the industry.

Major Topics:
- Overview of basic principles of construction accounting and taxation
- Internal controls designed for the construction contractors
- Contract analytical review procedures and benchmarking
- Financial statement disclosures and reporting requirements
- Percentage of completion method - issues and risks
- Surety analysis and yellow (red) flag indicators
- Contractor valuations including merger and acquisition considerations
- Contract claims and change order documentation and disclosure
- Recent GAAP and GAAS pronouncements impacting contractors
- Most commonly missed tax strategies and recent tax developments

Designed For: CPAs serving construction clients as well as CFOs, controllers and accountants who work for construction contractors.

CPE Credits: 8 (4 Accounting & Auditing, 2.5 Specialized Knowledge, 1.5 Taxation)

Level of Knowledge: Intermediate

Prerequisite: Basic construction industry accounting and tax courses or experience in construction industry accounting

Acronym: CATFBX

Discussion Leader: Robert A. Davidson, CPA