This one-hour session will discuss how financial data standards are becoming an important tool to improve the surety underwriting process for carriers, contractors and bonding agents, and will discuss the critical role of the accounting firm in this process.

In this presentation, you will:

Introduce accounting professionals to the financial data standard that is being used worldwide for financial reporting;
Demonstrate how accounting firms can help construction contractors integrate standards into their process;
Demonstrate how sureties today are able to automate the consumption of Work-in-Process data, eliminating the need for manual data entry;
Educate accountants on how they play a key role in building financial data standards to benefit their clients;

This program is free to all CICPAC members, and is appropriate for staff accounting personnel at all levels.

Field of Study: Special Skills
Level: Basic
Prerequisite: None
Advanced Preparation: None
Recommended CPE Credit: 1

For further information and administrative policies contact:
Executive Director: John Corcoran – 1-800-864-0491 - jcorcoran@cicpac.com

Construction Industry CPAs/Consultants Association (CICPAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Sponsored:

Robert Coon

Scott Insurance

Appearances