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!
Structuring Your Construction Data for Business Intelligence - On-Demand CPE
$55.00
Member price: $45.00
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In order to gain value from your construction data through business intelligence, it is important to have your data structured properly — and construction accounting and job cost are no exceptions. This on-demand course will review how to best structure cost codes, job cost, general ledger, and other accounting sub-ledgers to make the best of business intelligence.
Learning Objectives
After this course, you will be able to:
- Explore best practices for developing a cost code structure that will provide valuable data back to operations, finance, and estimating
- Recognize the difference in general ledger data structures with various accounting systems and decipher which one fits your organization best
- Identify what to do to design a consistent data structure across multiple systems — allowing your company to gain a 360° view of operations
- Determine when you are better off reimplementing your existing enterprise resource planning system rather than replacing it
Prerequisites
This is a Basic level online self-study course that was developed for professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.
CPE Credits
0.5 CPE credits
CPE/CCIFP Information
"Earn 1 CPE/CCIFP Professional Development credits, which can be applied toward the General or Construction Knowledge requirement upon successful completion and achieving at least 70% on the final exam.
This on-demand course is based on a popular session from CFMA’s 2023 Annual Conference. Please note that you cannot receive CPE or CCIFP Professional Development credit if you participated in this session during CFMA’s 2023 Annual Conference.
Course Length
The estimated time to complete the course and final exam is approximately 40 minutes, depending on the pace of the learner.
Who Should Attend:
Business Owners, CFOs, Construction Financial Professionals, Contractors, Controllers, CPAs, Professional Advisors, Risk Managers, Subcontractors
Field of Study:
Information Technology
Topics:
Technology
