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New Revenue Recognition Rules for the Construction Industry

September 30, 2015
BDO USA, LLP - Boardroom, 11th Floor
100 Park Avenue
New York, NY  10017
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Gladiola Lohja
(212) 885-7460
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  • Summary
  • Agenda
  • CPE Information
  • Presenter
This session will provide an introduction of ASC Topic 606, including a review of the “Five Step” model and a discussion of other key areas such as contract costs and unapproved change orders.  In addition, this session will provide information on presentation and disclosure considerations.

Topics to be discussed include:
 
  • Identify key provisions of ASC Topic 606
  • Describe the impact of ASC Topic 606 on the construction industry
  • Describe transition and implementation considerations for ASC Topic 606 relevant to construction contractors
8:30 AM to 9:00 AM – Breakfast/Registration

9:00 AM to 10:30 AM – Seminar
 
Upon completion of this seminar, participants will be able to:
 
  • Identify key provisions of ASC Topic 606
  • Describe the impact of ASC Topic 606 on the construction industry
  • Describe transition and implementation considerations for ASC Topic 606 relevant to construction contractors
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 1.5 credits in the field of Accounting
Program Level: Basic
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org
Luis Torres, Assurance Partner, BDO USA, LLP