Over the last six months our Construction Industry team here at Lane Gorman Trubitt has been working on producing an informative video series covering the new revenue recognition guidance and how it will impact how contractors consider and account for revenue on its contracts with customers. During that time we have fielded questions about this topic and its impact on the construction industry. Here are the some of the most frequently asked questions.
A Brief Q & A with Lance Trammell
Posted by
Lance Trammell, CPA, Partner, Assurance Services on Feb 28, 2019
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Topics: Real Estate, Construction, Financial Accounting Standards Board, Revenue Recognition, FASB