Revenue recognition workshop
Key considerations for the construction industry
IN-PERSON EVENT |
All construction companies that prepare their financial statements in accordance with U.S. generally accepted accounting principles will be affected by the new guidance. While the degree to which a particular contractor’s revenue will be affected depends on its own facts and circumstances, every company will be significantly affected by the disclosure requirements in the new guidance because they substantially increase the volume of revenue-related information disclosed in the financial statements.
Under the new guidance, construction companies will need to evaluate whether any changes are needed to their current revenue and financial reporting processes and systems, which will require the involvement of more than just those involved in the accounting function.
Join RSM for a workshop with discussion on these topics and more:
- Overview of the new revenue recognition rules: An in-depth look at how the new rules will affect the construction industry
- Revenue recognition case studies: The process of adoption
Brandon Maves, Construction Lead
Brandon leads the firm's construction practice based in Minneapolis. Brandon has served the industry for 13 years. He has experience providing business assurance and advisory services to all segments of the construction and real estate industry, including subcontractors, general and specialty contractors, real estate owners, investors and real estate developers, commercial brokerage and property management firms. Brandon's industry specialization has allowed him to serve the municipal, single and multifamily residential, industrial, commercial, hospitality and retail segments of the construction and real estate marketplace.