RSM

Revenue recognition: Key considerations for the construction industry

Thursday, Nov. 9, 2017
1 p.m. EST | Noon CST | 11 a.m. MST | 10 a.m. PST
90 minutes

Join RSM on Nov. 9 as we share our insights on how the new revenue recognition standard (ASC 606) affects the construction industry.

All construction companies that prepare their financial statements in accordance with U.S. generally accepted accounting principles will be affected by the new guidance. While the degree to which a particular contractor’s revenue will be affected depends on its own facts and circumstances, every company will be significantly affected by the disclosure requirements in the new guidance because they substantially increase the volume of revenue-related information disclosed in the financial statements.

Under the new guidance, construction companies will need to evaluate whether any changes are needed to their current revenue and financial reporting processes and systems, which will require the involvement of more than just those involved in the accounting function.

Speakers


  • Brandon Maves, Partner, RSM
  • Brandon Jones, Partner, RSM

Who should attend?
Senior accounting and finance professionals in the construction industry

Learning objectives
By the end of this webcast, participants will be able to:

  • Outline significant changes for the construction industry
  • Review key dates and actions to consider for implementation
  • Discuss potential challenges associated with adopting the new standard
Cost
Complimentary

Questions?
Contact Jennifer VanCleave at +1 210 828 6281.

CPE credit available
RSM US LLP is pleased to offer up to 1.5 CPE credits for attending this webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.

RSM US 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Advance preparation: None | Program level: Basic | Prerequisites: None | Delivery method: Virtual group live
Field of study: Accounting | CPE: Up to 1.5 credits

Register