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
Why should you attend?
An understanding of finance for project managers is critical as they generally underestimate their importance in the accounting process and management decision making that is the result of their oversight and reporting of job progress.
Virtual option:
If attending virtually, a Zoom link will be sent to you a few days prior to the session. Please turn on your camera for full engagement. Thank you!
Time zone adjustments:
All classes are listed for Arizona’s time zone.
Taught by Matt Waller, Pope Waller.