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Approved Education

Construction Accounting and Finance in Layperson's Language: What the Construction Supervisor and Manager Need to Know

Provider: Hanley Wood Exhibitions - World of Concrete
Discipline: Ethics & Business Practices
Credits: 1.5

The construction company owner along with the construction supervisor often do not see the big picture of overall company financial transactions and financial statements. The well rounded construction executive and supervisor need to understand the financial transactions, financial statements, and the job cost accounting process. In this seminar, how accounting and finance can be understood by means a simple model will be discussed.

Learning Ojectives:

  1. Discuss how each financial transaction becomes part of the firm's financial equation of state and how part of the equation is broken off to yield the company balance sheet and income statement
  2. Recognize the uniqueness of reporting profits and loss for long term projects to include accurate percentage completion calculations
  3. Learn how the company's jobs get integrated into the overall financial statements.
  4. Financial data and ratios needed to identify critical monitor construction performance

For more information or to register please contact Bonnie King at bking@hanleywood.com, 972-536-6416 or visit www.worldofconcrete.com.

Future Dates & Locations


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