CFMA Education – The Basics of Construction Accounting Class

CFMA Education – The Basics of Construction Accounting Class

Date/Time
Date(s) - 24/10/2019
8:00 am - 5:00 pm

Location
Sacramento Regional Builders Exchange (SRBX)

Categories


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.

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