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 course provides an introduction to the key processes and practices that make construction accounting unique.
Learning Objectives:
After this
session, attendees will be able to:
- Understand the Contract Life Cycle – What happens when during this cycle that drives our business
- Determine the Elements of Financial Statements – What are yours saying about your company?
- Learn how to perform Job Cost Reporting – What it is, what it isn’t, how to allocate costs, how to structure reports
- Learn how to Compute Earned Revenue – What it is & how to compute it
Level & Prerequisites:
This is a group-live program at the Basic Level. No prerequisites or advanced preparation required.
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.
Products
DateApril 27, 2022This 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 course provides an introduction to the key processes and practices that make construction accounting unique.
Speakers
Linda Clifford, MBAConstruction ConsultantRodney H. Barbour, CPAExecutive Vice President & CFO, Lawson Mechanical ContractorsGordon Spector, CPA, CCIFP - CFOSchetter Electric, LLC
DateApril 28, 2022This 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 course provides an introduction to the key processes and practices that make construction accounting unique.
Speakers
Linda Clifford, MBAConstruction ConsultantRodney H. Barbour, CPAExecutive Vice President & CFO, Lawson Mechanical ContractorsGordon Spector, CPA, CCIFP - CFOSchetter Electric, LLC
DateMay 2, 2022This 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 course provides an introduction to the key processes and practices that make construction accounting unique.
Speakers
Linda Clifford, MBAConstruction ConsultantRodney H. Barbour, CPAExecutive Vice President & CFO, Lawson Mechanical ContractorsGordon Spector, CPA, CCIFP - CFOSchetter Electric, LLC
DateMay 3, 2022This 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 course provides an introduction to the key processes and practices that make construction accounting unique.
Speakers
Linda Clifford, MBAConstruction ConsultantRodney H. Barbour, CPAExecutive Vice President & CFO, Lawson Mechanical ContractorsGordon Spector, CPA, CCIFP - CFOSchetter Electric, LLC
