Course ID: CL4ACAUD

Construction Contractors: Auditing

Auditing contract revenue can be challenging. Long-term contracts can be even more difficult. This course examines the core knowledge necessary to succeed and the key issues impacting construction auditing, including auditing under the new revenue recognition and leases guidance. Further, this course will provide an overview of the audit risks when working with contractors, audit planning and risk assessment, and substantive auditing procedures commonly performed. With construction comprising such a large portion of the economy and always growing, it is more important than ever for you to be on top of the very latest in accounting and auditing changes for the construction industry.


Learning Objectives

• Recall key considerations regarding the construction industry and the players who take part.
• Identify key concepts related auditing procedures applicable to construction contractors.


Major Topics

• Auditing contractor accounting and revenue from contracts with customers
• Planning, including risk assessment, for construction contractors
• Key internal controls
• Substantive procedures for long-term contractors


Advanced Preparations

None


Who Should Attend

Practitioners and financial professionals in the construction industry


Fields of Study
Accounting

Prerequisites

None


Provider
AICPA-CIMA

CPE Credits
4

Level
Basic

This course is available for your group as:

 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or team@blionline.org
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