Construction Contractors: Critical Accounting, Auditing, and Tax Issues

Highlights

  • Overall landscape of the construction industry
  • GAAP and recent changes affecting the construction industry
  • The Revenue Recognition Standard and its impact on the construction industry
  • Unique audit and review issues with construction contractors
  • The unique relationship between the contractor and the surety
  • Tax compliance issues facing construction contractors, including CTA reporting
  • Ongoing and new tax issues for construction contractors
  • Going concern disclosures and their importance to the construction industry
  • The lease FASB ASC and its impact on the construction industry

Objectives

  • Apply accounting and financial reporting standards to construction contractors
  • Perform audit and review engagements for construction clients according to the Standards as efficiently and effectively as possible
  • Identify tax compliance issues unique to the construction industry and apply the latest changes

Designed For

Practitioners who have construction clients and professionals in the construction industry who need to be up to date on the latest information

Leaders

Curtis Quickel

Curtis is an individual practitioner in Fayetteville, Arkansas. Since 1998, he has traveled the US teaching Continuing Professional Education courses for the AICPA and others. Before establishing his own practice, he worked several years in industry as a Corporate Controller. After 9/11 Curtis spent 9 years on Active Duty with the US Army completing three combat tours to Afghanistan, Iraq and Kuwait. Curt retired as a Lieutenant Colonel in 2013 with a total of 33 years of Active and Reserve service. He is a Past President of the Central Chapter of the Arkansas Society of CPAs and Past Chairman of the Industry and Commerce Committee. Curt is a past recipient of the Arkansas Society of CPAs Outstanding CPA in Government Award.