construction Accounting. Focus on Revenues, customer contracts, and financial statements

8-10 pages

Section 1: Industry overview 1 page max

Section 2: Revenue recognition and Customer Contracts Bulk of research, also reference ASC 606 and ASU 2014-09 for Revenue from Contracts with Customers

Section 3: Other Accounting considerations 1 page max

Section 4: Financial statements How are construction company statements different? Mostly in the accounting titles 1-2 pages, mostly spreadsheet with a couple paragraph summary

Section 5: Controls Writing estimates to prevent profit loss, bidding against other companies, etc