Construction contractors have long recognized revenue using the cost-to-cost percentage-of-completion method. For some contractors, the new standard may require little change, but one thing it will certainly do is introduce judgment. As with most new standards, we believe that the new disclosure requirements and implementation will require more effort than expected, even if the measurement aspects are not significant.
Join us for a presentation from David Hegstrom and Robert Shappee of Harris CPAs, that will provide a comprehensive overview of the key principles, five-step model, significant judgments involved, and presentation and disclosure requirements of the new revenue recognition standard. A brief tax update for the year will also be presented. Breakfast will begin at 7:30 am. The presentation will begin at 8:00 am.
Please Register By September 11th
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