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Thursday, September 24, 2026 Live Webcast

IT Controls & SOC Reporting in Financial Audits (X4-8480185)

1:00 PM - 4:00 PM EDT
webcast

Vendor Platform

1.5 CPE Credits in AA
1.5 CPE Credits in SK

OVERVIEW

This course provides a practical understanding of IT controls and SOC reporting within financial audits. Participants will learn how to interpret SOC reports, evaluate control effectiveness, and determine reliance strategies. Real-world examples will demonstrate how IT controls tie directly to relevant financial statement areas and alignment with Complementary User Entity Controls (CUECs).

DESIGNED FOR

Accounting professionals working with or advising construction contractors

BENEFITS

At the end of this course, you will be able to: 

  • Describe key issues related to construction accounting
  • Identify revenue recognition methods for construction contracts
  • Recognize percentage of completion and completed contract methods
  • Identify accounting considerations for contract modifications
  • Describe issues related to contract costs and allocation
  • Recognize complex issues in construction contract accounting

HIGHLIGHTS

  • Overview of FASB ASC 910
  • AICPA guidance for construction contractors
  • Industry specific accounting considerations
  • Revenue recognition methods
  • Percentage of completion method
  • Completed contract method
  • Contract modifications
  • Contract costs and allocation
  • Complex accounting issues in construction

COURSE LEVEL

Intermediate

PREREQUISITES

Basic Accounting

ADVANCE PREPARATION

None

PRICING

$109.00 - Member

$139.00 - Nonmember

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Note: Online pre-registration will close on September 24 at 12:30 PM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

ACPEN