Construction Industry: Accounting and Tax [CIAT Anc]

Jul 28, 2015
Time: 8-4

Subject:

Accounting and Tax

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

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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.

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Website registration for this course closes on July 27, 2015. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Construction Industry: Accounting & Tax

July 28, 2015

AKCPA Office
Anchorage, 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.

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 construction accounting basics and address various accounting and financial issues encountered in the construction industry. The discussion will include updates on construction GAAP and GAAS, recent trends and new tax legislation as they pertain to the industry.

Major Topics:
Overview of construction accounting and tax
Internal controls designed for the construction industry
Contract analytical review procedures and benchmarking
Financial statement disclosures and reporting requirements
Percentage of completion method - issues and risks
Surety analysis and yellow (red) flags
Recent GAAP and GAAS pronouncements affecting construction
Review of IRS Code Section 460 and related regulations
Most commonly missed tax strategies and other advanced tax topics
Recent tax laws impacting taxation of construction contractors

Learning Objectives:

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

CPE Credits: 8, Accounting and Tax

Level of Knowledge: Intermediate

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

Acronym: CIAT

Discussion Leader: Robert Davidson, CPA
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