Basics of Construction Accounting (Rebroadcast)

Oct. 17-18 & 24-25, 3-5 p.m. Eastern (Noon-2 p.m. Pacific)

This workshop is designed for accounting professionals new to the construction industry as well as non-accounting 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 eight-hour course provides an introduction to the key processes and practices that make construction accounting unique.

Learning Objectives:

After completing this course, you will be able to:

  • Identify key construction accounting principles
  • Explain the core points of revenue recognition
  • Discuss the importance of a job cost system
  • Calculate earned revenue
  • Identify what a construction company expects from its financial manager

IMPORTANT NOTE: This is a rebroadcast of a previous program held in April 2018. A moderator will be available during each session to answer attendees' questions.

Level & Prerequisites: This is a program at the Basic Level. No prerequisites or advanced preparation is required.

Presented by: Linda Clifford, MBA, Consultant; and Rod Barbour, CPA, VP & CFO, Lawson Mechanical Contractors

Moderator: Joe Harper, CPA, CCIFP

CPE Credits: This program provides 8 CPE credits in the field of Accounting.

Who Should Attend?
Accountants and CPAs new to the construction industry; New Construction Financial Managers & Controllers; Accounting Dept. 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.

Sponsored By:

custom image