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The Basics of Construction Accounting and Reporting

An ABC Keystone / Construction Financial Management Association Partnership Offering

Tuesdays, May 16 & 23  / 8:00 AM12:00 PM

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 course presents an introduction to the key processes that make construction accounting unique.

The workshop uses a sample contractor, a variety of problems, and several exercises that enable participants to evaluate real-life situations. But, this is not purely a "textbook course." As a participant, you are encouraged to share your own perspectives and to trade “war stories” during the case studies and general discussion segments of the program. You’ll come away with a deeper and broader understanding of construction accounting and financial management.

This workshop provides eight CPE credits in the field of Accounting.

Benefits of Attending:

  • 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
Preferred registration date: May 9, 2017

Please download a flyer for additional details.

Price includes: textbook, course materials and certificate of completion

Registration Fees:
ABC/CFMA Member (cash/invoice) $250.00
ABC/CFMA Member (credit card) $258.00
Non Member $357.00