Accounting & Reporting in Construction

Wednesday & Thursday, January 8th - 9th, 2025
Time: 3:00PM - 5:00PM (ET), 12:00PM - 2:00PM (PT)

Learn how to use acceptable accounting and reporting practices to your company’s advantage and familiarize yourself with sample contractor financial statements. This program will cover associated accounting issues, including revenue recognition, contract assets and contract liabilities, leases and interim reporting considerations, 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 completing this session, you will be able to:

• Understand the acceptable accounting and reporting practices for contractors
• Identify and explain key financial statements and accounting issues
• Classify costs and allocate overhead
• Apply key benchmarking practices
• Identify relevant FASB pronouncement/issues

Level & Prerequisites
This is a group-internet based program at the Intermediate Level. No prerequisites or advanced preparation required. A basic understanding of construction accounting & financial management is recommended.

CPE information
Earn 4 CPE credits in the field of Accounting.

CCIFP Information
Earn 4.0 Professional Development credits toward the General or Construction Requirement.

Who should attend?

• CFOs
• Controllers
• CPAs
• Professional Financial Advisors

Price
$155 for CFMA Members
$189 for Non-Members

Speakers:

• Chris Gewain, CPA, CCIFP - Partner, Moss Adams
• Tim Lu, CPA, CCIFP - Senior Manager, Moss Adams

Group Viewing:
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at education@cfma.org at least one day before the start of the program.

Sponsored by: