Finance in Construction
August 20, 2024
11:30am
-
2:00pm
Small Giants
Taught by John Murdough and Matt Waller, Baker Tilly.
Build a solid foundation in the financial aspects of the construction industry
Attendees can expect to:
- Gain a basic understanding of the accounting process in construction
- Learn important construction accounting terms and demonstrate how to calculate the key elements of construction work in process
- Go beyond the mechanics of the process to provide practical tips on what the work in process is revealing
- Emphasize the critical role of operations in construction work in progress and the importance of collaboration between accounting and operations
- Generate a deep understanding of the impact of underbillings and overbillings on your company and how your customers and creditors react to them
- Give operations people enough accounting insight to be truly effective in their role, and accounting people the practical insight to effectively collaborate with operations