Product Image

Construction Contractors - Audit and Accounting Guide

Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Divider
Print This Page
Divider
Available Formats:  Online Subscription | Paperback | eBook | See All

Considered the industry standard resource, this 2016 edition is packed with information on new requirements, including relevant changes to the FASB Accounting Standards Codification, including a detailed look at FASB ASU Nos. 2014-09, Revenue from Contracts with Customers and 2016-02, Leases. Whether you are in public accounting, performing assurance services, or you operate in the industry, this resource has the information you need to perform at your best.

Highlighting practical tips and industry specific guidance, this guide provides value from simple accounting to joint venture creation, and takes a deep dive into industry specific auditing procedures. With two complete sets of financial statements and disclosures, it provides an industry accepted blueprint from where to start, or a reference for auditing the final product.

KEY BENEFITS:

  • Contains complete illustrative financial statements for both percentage-of-completion and completed-contract contractors
  • Includes industry specific accounting guidance
  • Auditing guidance and procedures tailored specifically for the construction industry
  • Detailed discussion and preliminary considerations for FASB ASU 2014-09.
  • Detailed appendix regarding ASU 2016-02.
  • Updates:

    • Discussion of all applicable FASB ASUs issued and effective since May 2015, including:
      • FASB ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis
      • FASB ASU No. 2014-05, Service Concession Arrangements (Topic 853) (a consensus of the FASB Emerging Issues Task Force).
      • FASB ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.
    • Preview of applicable FASB ASUs issued and becoming effective, including:
      • FASB ASU No. 2014-09, Revenue from Contracts with Customers
      • FASB ASU No. 2016-02, Leases

    Who Will Benefit?

    • Staff, managers and partners at firms serving construction clients
    • Construction contractors
    • Accounting and internal audit staff at construction contractors
Construction Contractors Audit and Accounting Guide
Online Subscription
Product# WCC-XX
Availability: Online Access 1 Year
For registered users only
Regular:$89.00
AICPA Member:$69.00
Your Price:$89.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.