CFMA Education - The Basics of Construction Accounting Class
Learn How Your Jobs are Really Doing and Bridge the PM / Accounting Divide While You’re Doing It. Discover the key processes that make construction accounting unique, including job costing, WIP reporting, over and under billing and the most important elements of a contractor’s financial statements. Attendees who complete this workshop will earn 8 CPE credits in the field of accounting. This CFMA workshop is designed for accounting professionals and other team members, such as owners, estimators, PMs and superintendents, who need a better understanding of basic construction accounting principles. This workshop will discuss the following: Understanding the language of construction accounting Why job costing is the backbone of your financial system Job management and the contract lifecycle: problem solving and controls Effective equipment costing: how to recover costs from your jobs The value of linking project management with accounting Elements of financial statements Fundamentals of revenue recognition Breakfast, lunch and an afternoon snack is included.
5370 Elvas Avenue
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