Navigating the New Revenue Recognition Standards for Construction Companies

On February 20, 2018, Salvatore Leone, Sean Killgoar, and Scott Derco, of Citrin Cooperman presented “Navigating the New Revenue Recognition Standards for the Construction Industry.”

The webinar covered the following topics:

• The primary objectives of revenue recognition for contractors (ASC 606)
• Applying the Core Principle – “The Five Step Model”
• Key considerations for transition
• Financial statement implications