Oct 24, 2017
12:00 pm - 1:30 pm
Greater Cincinnati Chamber of Commerce
3 East 4th Street
Cincinnati, OH 45202
Major accounting for revenue recognition rule changes will soon go into effect — and they will have a considerable impact on how many construction companies report their financial results. The 700-page revenue recognition accounting standard includes new rules that will require contractors to not only disclose more information than they do now, but also change how contractors report contracts and recognize income. VonLehman’s Dan Owens and Andrew Donohoe discuss what’s changing, when the changes must be implemented, and how they’ll affect financial statements.
This event qualifies for 1 hour of Continuing Professional Education credit.