Accounting & Reporting

Part I: Wednesday, February 21, 2018 3:00-5:00 p.m. ET
Part II: Thursday, February 22, 2018 3:00-5:00 p.m. ET

Description (Note: This presentation is a rebroadcast of a previously recorded session)
Learn how to use acceptable accounting and reporting practices to your company’s advantage and familiarize yourself with sample contractor financial statements. In this program, we will cover 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.  

Learning Objectives
After attending this session, participants will be able to:

  • Discuss acceptable Accounting & Reporting practices for contractors
  • Identify and explain key financial statement accounting issues
  • Classify costs and allocate overhead
  • Discuss key benchmarking practices and financial ratios
  • Identify relevant Financial Accounting Standards Board (FASB) pronouncements and issues

Presenter: Heather Waldenmayer, CPA, CCIFP, Corporate Controller, SCS Engineers

Level & Prerequisites: This is a group-internet based course at the Basic level. No prerequisites or advanced preparation required; however, a basic understanding of construction accounting & financial management is recommended.

CPE information
This program provides 4 CPE credits in the field of Accounting

Who Should Attend? CFOs, Controllers & CFMs with less than 3 years on the job, Construction financial and accounting managers, Construction company owners, accounting department support staff who need a better understanding of construction accounting principles and reporting requirements, accounting professionals who need a better understanding of construction accounting principles and reporting requirements.

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