The 8 hour CPE Basics of Construction Accounting will be offered at the 2016 Midwest Regional Conference. Basics course attendees are also invited to attend the Conference lunch, Cocktail Networking Reception and the Exhibitor Showcase.
The Basics of Construction Accounting Workshop is designed for accounting professionals new to the construction industry as well as non-accounting 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 one-day class presents an introduction to the key processes that make construction accounting unique.
Michael Griffin, CPA, CCIFP
7:00 a.m. Registration/Check-in/Breakfast
8:00 a.m. Course Begins
11:30 a.m. Lunch
5:30 p.m. Course Concludes and attendees are invited to stay for the Conference Networking Cocktail Reception
This is a group-live course at the Introductory level.
No prerequisites or advance preparation required.
Upon completing this workshop, 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.
- Use industry data to benchmark your company.
This is an 8-hour course earning 8 CPE credits in the field of Accounting.
Who Should Take This Course?
Accountants and CPAs new to the construction industry; New Construction Financial Managers & Controllers; Accounting Dept. 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.
The Construction Financial Management Association (CFMA) is registered with the National Association of State Boardsof Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
For more information regarding refund, complaint and program cancellation policies, contact Brian Summers, VP of Content Management and Education at CFMA. Princeton Forrestal Village, 100 Village Blvd., Suite 200, Princeton, NJ 08540, Phone: 609-452-8000, or e-mail firstname.lastname@example.org