Description

Challenges and solutions of auditing contracts

With construction comprising a large and growing portion of the economy, it's important to stay on top of the very latest in accounting and auditing changes for the construction industry. In this webcast, you will gain insight about:

- Audit planning and substantive auditing procedures

- The core knowledge necessary to succeed

- Key issues affecting construction auditing, including auditing under the new revenue recognition and leases guidance

- Audit risks and risk assessment

Target Audience

Practitioners

accountants

financial professionals in the construction industry

Course Objectives

Identify Key concepts related to auditing Procedures applicable to construction contractors.

Subjects

auditing contractor accounting and revenue from contracts with customers

planning and Risk assessment for construction contractors

Key internal controls

Substantive Procedures for longterm contractors