This 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 course provides an introduction to the key processes and practices that make construction accounting unique.

Learning Objectives:
After this session, attendees will be able to:

• Understand the Contract Life Cycle – What happens when during this cycle that drives our business
• Determine the Elements of Financial Statements – What are yours saying about your company?
• Learn how to perform Job Cost Reporting – What it is, what it isn’t, how to allocate costs, how to structure reports
• Learn how to Compute Earned Revenue – What it is & how to compute it

Level & Prerequisites:
This is a group-live program at the Basic Level. No prerequisites or advanced preparation required.

CPE Information:
Earn 8.0 CPE credit in the field of Accounting.

Who should attend?:
Accountants and CPAs new to the construction industry; new Construction Financial Managers & controllers; accounting department 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.

Linda Clifford, MBA, Construction Contractor
Rod Barbour, CPA, CFO, Lawson Mechanical