Accounting and Reporting
Wednesday and Thursday, Jan. 20 – 21, 2021
Time: 3:00PM - 5:00PM (Eastern), 12:00PM - 2:00PM (Pacific)
This program will cover associated accounting issues, control and allocation methods for overhead, benchmarking and effective performance measures, classification of direct and indirect contract costs, and recent FASB pronouncements and exposure drafts.
Learning objectives:
After this session, attendees will be able to:
- Discuss how different contract types are managed on your WIP
- Show how to account for self-performed work on your WIP without double counting
- Explain how a Work in Process (WIP) schedule is more than just a reporting tool
Level & Prerequisites
This is a group-live program at the Basic Level. No prerequisites or advanced preparation required. A basic understanding of construction accounting & financial management is recommended.
CPE information
Earn 4 CPE credits in the field of Accounting.
Who should attend?
CFOs, Controllers & CFMs with less than 3 years on the job, Construction financial and accounting managers, Construction company owners, accounting department support staff who need a better understanding of construction accounting principles and reporting requirements, accounting professionals who need a better understanding of construction accounting principles and reporting requirements.
Price:
$140 for CFMA members and $199 for non-members
If you are a colleague of a CFMA member, you can receive a discount on registration. Contact education@cfma.org for details.
Speaker:
Heather Waldenmayer, CPA, CCIFP, CGMA
Group Viewing:
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at education@cfma.org.
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