"What do you mean no more Percentage-of-Completion": Upcoming Changes to Contractors' Financial Statements

Date and Time

Wednesday Dec 10, 2014
1:00 PM - 2:00 PM CST

Location

Webinar

Website

http://www.abc.org/EducationTraining/AcademyPages/tabid/340/entryid/2965/Contractor-Financial-Statements-Accounting-Standards-Update-FASB-Tax-financial-management.aspx

"What do you mean no more Percentage-...

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Description

Get an overview of how pending financial statement accounting rules will impact you and your construction company. Long-standing concepts under the percentage-of-completion reporting will be changed and in some cases eliminated in the very near future. All contractors need to understand how they will be impacted by the new rules.
 
Longtime ABC Tax Advisory Group member and construction accounting specialist, Rich Shavell will walk contractors through pending changes to contractor financial statements, the potential impact, and provide some tips on how to navigate this important financial transition.

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