Author Description

Considered the industry standard resource and updated as of May 1, 2014, the Construction Contractors Guide provides practice guidance for industry accounting and authoritative auditing. Packed with information on new requirements including relevant changes to the FASB Accounting Standards Codification, the guide has been the go to reference for those in public accounting as well as those who operate in the industry. Highlighting practical tips and industry specific guidance, the guide provides value from simple accounting to joint venture creation. With two complete sets of financial statements and disclosures, the guide provides an industry accepted blueprint from where to start, or a reference for auditing the final product. KEY BENEFITS: • Newly overhauled Percentage-of-Completion financial statements. • Newly overhauled supplemental information disclosures, including sample auditors' reports. • Newly overhauled Completed-Contract financial statements. • Expanded discussion of an auditor's responsibility for laws and regulations.