Transcription of May 10, 2021 Construction Contractors Revised Sample ...
{{id}} {{{paragraph}}}
May 10, 2021. Construction Contractors Revised Sample Financial Statements Working Draft Appendix H. Sample Financial Statements This appendix is nonauthoritative and is included for informational purposes only. Gray shaded text in this appendix reflects guidance issued but not yet effective as of the date of this guide, September 1, 2021, but becoming effective on or prior to December 31, 2021, exclusive of any option to early adopt ahead of the mandatory effective date. Unless otherwise indicated, all unshaded text reflects guidance that was already effective as of the date of this guide. The following Sample financial statements of a nonpublic company Construction contractor are included for illustrative purposes only and are not intended to establish reporting requirements. The Sample finan- cial statements are designed to illustrate presentation for a non-public contractor that has adopted the guidance in FASB Accounting Standards Codification (ASC) 606, Revenue from Contracts with Cus- tomers, and due to effective dates has not adopted FASB ASC 842, Leases, and 326-20, Financial In- struments Credit Losses.
Aug 27, 2020 · struction contractors, the notes to a construction contractor's financial statements should include infor-mation concerning other matters that are not unique to construction contractors, for example, subsequent events, pension plans, postretirement benefits other than pensions, postemployment benefits, stock op- ...
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}