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With construction activity increasing and significant changes to the revenue recognition model, it is more important than ever for accountants and financial managers to be on top of the very latest in accounting and auditing changes for the construction industry. This guide examines the most recent updates and key issues impacting construction accounting and auditing. It covers new changes as a result of FASB ASU 2014-09, it also explores the relationship between the contractor and the surety.
|Publication date:||15th September 2020|
|Author:||James Wiedemann, Robert Mercado|
|Publisher:||John Wiley & Sons Inc|
|Format:||Paperback / softback|
|Categories:||Management accounting & bookkeeping, Construction industry,|
James Wiedemann is a senior manager in the Assurance Services division of Marcum LLP's New Haven, Connecticut, CT, office. He has more than eight years experience providing compilation, review and audit procedures in the construction and manufacturing industries. Wiedemann has experience with reporting requirements, revenue recognition and cost allocation techniques within the construction industry. He has in-depth knowledge of the accounting literature and is able to recommend changes to clients to increase productivity and overall output of information. He is a member of the American Institute of Certified Public Accountants (AICPA), Connecticut Society of Certified Public Accountants (CSCPA), National Association ...More About James Wiedemann, Robert Mercado