We apologize for the brief delay in launching CFMA’s new education and certification platforms. The CCIFP Recertification deadline has been extended to April 30, 2025. We truly appreciate your patience as we put the finishing touches on changes that are designed to improve and enhance your CFMA experience!

Construction Accounting & Reporting - Recording

$259.00
Member Price: $185.00

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Learn how to use acceptable accounting and reporting practices to your company’s advantage and familiarize yourself with sample contractor financial statements.

This program covers associated accounting issues, including revenue recognition, contract assets and liabilities, leases and interim reporting considerations, control and allocation methods for overhead, benchmarking and effective performance measures, classification of direct and indirect contract costs, and recent FASB pronouncements and exposure drafts.

Learning Objectives

After completing this course, you will be able to:
     ·        Understand the acceptable accounting and reporting practices for contractors
     ·        Identify and explain key financial statements and accounting issue
     ·        Classify costs and allocate overhead
     ·        Apply key benchmarking practices
     ·        Identify relevant FASB pronouncement/issues

Prerequisites

This is a group-internet course at the Intermediate Level. No prerequisites or advanced preparation is required.

Course Length

The estimated time to complete the course is approximately 240 minutes, depending on the pace of the learner.

Who Should Attend:

• Accounting department support staff who need a better understanding of construction accounting principles and reporting requirements
• Accounting professionals who need a better understanding of construction accounting principles and reporting requirements
• CFOs
• Construction company owners
• Construction financial and accounting managers
• Construction financial professionals with less than 3 years on the job
• Controllers

Field of Study:

Accounting

Speaker:

Ben Lochbihler, Principal, CliftonLarsonAllen LLP, • Michael Zielinski, Vice President of Finance & Administration, Higley Construction