Topic 1: Are you ready for the new Construction
Revenue Recognition Standard?
The new revenue recognition standard is here and can certainly have an impact on how your business revenue is recognized. The new standard was adopted in order to consistently report revenue regardless of the company’s industry or the capital markets accessed. This can have a significant impact on your surety line and bank lines. Jin Rudolph of CliftonLarsonAllen will present critical information about the change and how it will effect private construction companies. She will explain the 5-step process with regard to the new rules and provide an overview of what you need to know as a private business owner.
Jin has 18 years serving the construction industry. She understands that construction accounting and tax issues can be complicated. She is able to break down these complex issues into manageable parts to provide practical applications and solutions. Her expertise is focused on privately held construction company financial reporting and corporate tax issues. She has a Bachelor of Arts in Business Administration with an emphasis in Accounting from the University of Washington. She serves the Hawaii market from CLA’s office in Bellevue, Washington. one of the country’s leading construction CPA firms