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Nov/Dec '24 Focus: Construction Accounting Insights

Available Until

OSCPA On Demand

On Demand, OK 00000

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1.00 Credits

Member Price $25

Overview

New for 2024! Register now and take your CPAFocus self-study exam online via the eMaterials section of your My CPE!

Prerequisites

None

Designed For

CPAs working in construction accounting

Objectives

  • Participants will be able to explain the significance of maintaining accurate schedules of completed contracts and contracts in progress, and how these schedules contribute to financial reporting and decision-making in construction accounting.
  • Participants will learn to apply best practices for reconciling contract activity with the trial balance, ensuring that billings and costs are accurately reflected and minimizing the risk of misstatements in financial reports.
  • Participants will gain the skills to identify and analyze large underbillings in construction projects, facilitating effective communication with management to adjust estimates and improve overall financial accuracy.

Notice

 

Leader(s):

Leader Bios

Ara Grigorian, Owner, Percent Complete CPA, PLLC

Ara Grigorian, CPA, CCIFP, has 10 years of experience working in industry and public accounting. Ara has worked primarily for small CPA firms in Oklahoma City. He currently provides accounting and assurance services for the construction industry. When time permits, Ara enjoys publishing accounting lessons related to the construction industry. He is a member of the Oklahoma Society of Certified Public Accountants and serves on the Accounting Careers Committee. He is also a member of the Construction Financial Management Association.

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Member Price $25

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