Sep 4, 2018
Revenue recognition and treatment of leases are hot topics in construction accounting. Jerry Coveney, CPA, a principal with CliftonLarsonAllen in Plymouth Meeting, Pa., discusses FASB’s definition of leases and some of the big changes to revenue and profit recognition requirements. Coveney will speak at greater length on this subject at PICPA’s 2018 Construction Industry Conference on Oct. 16 in Malvern, Pa.