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Sep 04, 2018

Revenue Recognition and Leases for Construction Companies

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 spoke at greater length on this subject at PICPA’s 2018 Construction Industry Conference on Oct. 16 in Malvern, Pa.

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By: Jim DeLuccia, PICPA Communications Manager

1 comment

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  • Todd E. Lynn | Jan 24, 2019
    Very good

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    Podcast transcripts are provided as a summary of the conversation and have been lightly edited for the written medium. The transcript is not a verbatim representation of the interview.
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