Accounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also, construction engagements are, in many instances, more “dangerous” than most lines of business due to the many users of the financial statements (especially considering the impact of COVID-19). In this course, we will discuss why construction accounting and financial reporting are so complex and discuss the relationship between the contractor and the surety, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit.

 

Event Level: Intermediate
Required Knowledge: Previous experience in the construction industry or in providing service to construction clients
Advanced Preparation: None
Who Should Attend: Practitioners who have construction clients and professionals in the construction industry who need to be up-to-date on the latest information
Vendor: Surgent
Speaker: Curtis Quickel