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Basics of Construction Accounting Course
Sep 29, 2021 - 3:00 PM (ET) - Online
Hosted by CFMA
About this Event
This course is designed for accounting professionals new to the construction industry, as well as construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor's financial statements. This six-hour course provides an introduction to the key processes and practices that make construction accounting unique.
After this session, attendees will be able to:
- Discuss the importance of a job cost system and the project life cycle
- Calculate earned revenue.
- Identify what a construction company expects from its financial manager.
Level & Prerequisites:
This is a group-live program at the Basic Level. No prerequisites or advanced preparation required.
Earn 6 CPE credits in the field of Accounting.
Who should attend?
Accountants and CPAs new to the construction industry; new Construction Financial Managers & controllers; accounting department support staff; project managers, construction managers, risk & IT professionals, financial services providers, owners, and anyone who would benefit from an understanding of the fundamental construction accounting processes.
If you are a colleague of a CFMA member, you can receive a discount on registration. Contact firstname.lastname@example.org for details.
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at email@example.com.
Linda Clifford, MBA, Construction Contractor
Rod Barbour, CPA, CFO, Lawson Mechanical Contractors