Basics of Construction Accounting - On Demand
$479.00
General Member Price: $360.00
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This interactive 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 5-module course introduces the key processes and practices that make construction accounting unique.
Learning Objectives
After completing this session, you will be able to:
• Identify key construction accounting principles
• Explain the core points of revenue recognition
• Discuss the importance of a job cost system
• Calculate earned revenue
• Identify what a construction company expects from its financial manager
Prerequisites
This is an on-demand program at the Basic Level. No prerequisites or advanced preparation required.
CPE Credits
6 CPE credits
CPE/CCIFP Information
Earn 6.0 Professional Development credits toward the General or Construction Requirement.
Course Length
The estimated time to complete the course is approximately 300 minutes, depending on the pace of the learner.
Who Should Attend:
Anyone who would benefit from understanding the fundamental construction accounting, Accountants and CPAs who are new to the construction industry, Accounting Department Support Staff, Construction Managers, Financial Services Providers, New Construction
Field of Study:
Accounting
