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Construction Contractors: Non-Revenue and Non-Lease Accounting Considerations
Accounting & Financial Reporting

Construction Contractors: Non-Revenue and Non-Lease Accounting Considerations

Build a solid foundation in the complex realm of construction accounting. Revenue recognition is an important topic, but don't neglect non-revenue accounting.

$197 - $241
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Mar 14, 2023

NASBA Field of Study




CPE Credits



Jennifer H. Elder


3 months

Product Number


 Business & partner 
Product Details

Construction accounting is not just about revenue

Although contract accounting deals with revenue, the other items on the financial statements are just as important and they should not be neglected. There are also items that may not be on financial statements, but do have an effect on the day-to-day operations.

While working with contractors, you'll probably come across surety bonds. When a project owner works with contractors, a surety bond gives the project owner a financial guarantee the work of the contractor will be done according to the contract.

In this webcast, you will

  • Listen to a detailed discussion of the contractor environment and the players in the industry
  • Review how costs are allocated
  • Learn a revised set of illustrative financial statements and footnotes
  • Understand what it means to work with a surety

Key Topics

  • Up-to-date GAAP and private company accounting guidance, including contract revenue recognition
  • Illustrative financial statements
  • Working with a surety
  • Job costs

Learning Outcomes

  • Identify techniques to provide efficient, high-quality audit and accounting services to construction clients.
  • Recall up-to-date GAAP accounting methods applicable to construction contractors.
  • Recall the demands of a surety and how a surety helps the contractor and the owner.
  • Select the proper form and content for the revised auditor’s report.

Who Will Benefit

  • Accountants of all abilities who work with construction clients
Credit Info
CPE Credits
NASBA Field of Study
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
4 hrs
For more information, please refer to CPE requirements and NASBA sponsorship information
Do you have an AICPA membership? Log in to apply your member discount.
AICPA Members

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2 to 5 registrants

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Contact us
Jennifer H. Elder
Jennifer Elder, CPA, CMA, CIA, CFF, CGMA is a keynote speaker, trainer, and business coach dedicated to business transformation. For more than 20 years, she has been helping businesses by peeling back the layers of "administrivia" and finding the hidden strengths and core values that make you and your company awesome. Ms. Elder works with businesses to develop a compelling business strategy that is quick to implement that transforms your company from what you are now to what you have always wanted to be. Known for being energetic and enthusiastic, Ms. Elder has been delivering high-quality, customized training that make complicated topics easy to understand, relevant, and useful for years. She has conducted seminars for the Fortune 500, US Government, State CPA Societies, and CPA Firms in 33 states. Her sessions are highly interactive, full of discussion, and even entertaining. Ms. Elder received her BA from the University of Massachusetts and an MS in Organizational Management from Antioch University New England. She lives on her boat near Annapolis, Maryland.

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Construction Contractors: Non-Revenue and Non-Lease Accounting Considerations
Mar 14, 2023
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Mar 14, 2023
4pm8pm GMT
Nonmember Price
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