Identification: MC3
This program provides an in-depth view of the Work in Process (WIP) schedule. The first half of the course will cover the basic accounting aspects of WIP – how to calculate, account for, and reconcile costs. Part two will explore the perspective of an internal analysis covering cash flow related to jobs, management and analysis tools, estimated costs to complete and projecting future profits using budgeting and forecasting. Finally, you will learn the significance of your WIP schedule from the third-party user’s perspective and why ensuring its successful performance is necessary to the credibility of your business.
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Identification: MC2
Part I – The Big Picture: Explore the principles and concepts that govern Treasury Management; learn the "whys" and "hows" of accomplishing your objectives; Treasury Management will be discussed in terms of overall Working Capital Management
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Identification: MC1
The interaction of workers' comp insurance with state and federal workers' comp laws is unique in the insurance industry, and changes in these acts or the regulations implementing them have profound effects on the insurance line. Since this is the most costly property and casualty insurance coverage for most contractors, the insurance products and methods of handling this risk have evolved and grown accordingly.
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Identification: MC4
This 4-part program is designed for Controllers and CFOs of construction companies who want to learn the fundamental skills of Treasury Management. This course will cover the following:
Identification: MC5
Your Work in Process (WIP) is more than a reporting tool; it is a financial management tool for your construction company. In this advanced workshop, you will learn strategies to turn unexpected profit fade and enhancements into predictable events.
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Identification: MC8
Today’s business environment creates challenges for the CFM – gaining buy-in, trust and accountability; motivating the team; effectively communicating; staffing dynamics – are some of the topics covered. The complexity of managing and motivating all team members to achieve projects and deadlines requires proven leadership principles, best practices and techniques. This four-hour workshop will provide you with the tools to achieve success incorporating specific construction based situations and examples. Participants will have the opportunity to apply learnings to reality-based situations during the program.
Identification: MC6
In this program, you will learn how to use acceptable accounting and reporting practices to your company’s advantage and familiarize yourself with sample contractor financial statements. This course covers associated accounting issues, control and allocation methods for overhead, benchmarking and effective performance measures, classification of direct and indirect contract costs, and recent FASB pronouncements and exposure drafts.
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Identification: MC7
You don’t need to be a lawyer to read a contract (though you absolutely want one to!), but you do need to understand what you are reading. You also need to understand the major differences between the AIA documents and the ConsensusDocs. This course will help you learn which clauses to look out for so you can protect your company’s bottom line.
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Identification: DPG2
Learn and share your experiences in this interactive discussion about creative ways subcontractors use technology in the field. Bring a list of apps and solutions that work well in your company and how you use them.
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Identification: DPG1
Learn about the key data from CFMA’s Benchmarker and how it can impact your company. Learn and share Benchmarker best practices with your conference peers, and walk away with benchmarking techniques that can help you improve your company’s financial and operational performance. KPIs most relevant to contractors, including those related to liquidity, profitability, leverage, efficiency, and productivity Methods by which contractors may manage operations in order to improve financial ratios relied on by sureties and lenders. Understand how others are using the CFMA Benchmarker to improve their bottom line. CFMA's new online Financial Benchmarker tool for 24/7 benchmarking, reporting, and comparisons of your company's financial performance with others in the industry
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