|
Course Name:
|
CONTRACT ACCOUNTING AND LEASE ACCOUNTING AND THEIR IMPACT ON CONSTRUCTION CONTRACTORS
|
|
Course ID:
|
1136753 |
|
Provider Name:
|
MASSACHUSETTS SOCIETY OF CPAS
|
|
Approved for:
|
|
|
Description:
|
One of the most difficult and important concepts in the construction industry is accounting for revenue. It is likely the most important. Not far behind, leases. This course focuses on both. With FASB Accounting Standards Codificationr (ASC) 606, Revenue from Contracts with Customers, now in full effect, you need to understand the differences from previous recognition methods for contractors. The nuances and new concepts are critical for proper recognition. Take a deep dive into each of the five steps of revenue recognition from contracting to recognizing revenue. Understand what revenue is and how it is earned. FASB ASC 842, Leases, also is critical for contractors. Many contractors lease equipment, warehouse space, other tools, etc. |
|
Training Subtype:
|
Basic Accounting
|
|
Location:
|
105 Chauncy Street
Boston, MA 02111
|
|
Program Results In:
|
Certificate
|
|
Course Length:
|
1 week(s)
|
|
Average No. of Hours/Week:
|
2 Hrs
|
|
On-line Course Schedule:
|
http://www.masscpas.org/cpe/152451mb:contract-accounting-and-lease-accounting-and-their-impact-on-c
|
|
Cost/Student:
Includes:
|
$149.00
Tuition
|
|
Flat Rate Course:
(The cost of this course is based on a flat fee, regardless of the number of employees attending the course)
|
No
|
|
Performance Summary
|
|
|
Program Year (Most Recent):
|
|
|
|
