- Baker Tilly Director Pat Fitzgerald leads a Q&A podcast with Section 809 Panel Chair Deidre Lee.
- Baker Tilly partnered with Bisnow, a leading commercial real estate news source, to produce exclusive interviews that provide behind-the-scenes perspectives from leading real estate developers, entrepreneurs and industry giants.
- To identify performance obligations, a contractor needs to determine whether or not the goods or services are distinct. The complexity arises in evaluating the promise(s) in the contract and determining whether they should be accounted for separately or together.
- Promised goods or services identified in a contract with a customer may not be limited to the goods or services that are explicitly stated in that contract. A contract with a customer may also include promises that are implied.
- To properly identify and account for performance obligations when other parties are involved in providing goods or services to a customer, a construction contractor must determine whether its performance obligation is to provide the good or service itself or to arrange for another party to do so.
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