The BASICS of Construction Accounting Workshop
CFMA’s Alaska’s Last Frontier Chapter
The BASICS of CONSTRUCTION ACCOUNTING Workshop
For people with an understanding of accounting who want to learn more about:
Construction Accounting Processes
Construction Cost Management Systems
Cost Report & Financial Statement Analysis
What’s Expected of Construction Financial Managers Attendees earn 8 CPE credits in the field of Accounting.
WEDNESDAY, FEBRUARY 6, 2013
WORKSHOP LOCATION BP Energy Center
900 E. Benson Boulevard
Anchorage, AK 99519
Registration: 8:00 am – 8:15 am
Workshop Program: 8:15 am – 4:30 pm
Luncheon provided: 12:00 pm – 1:00 pm
Presenters: Paul Brandon, CPA, FM Strand & Associates James Easton, Watterson Construction Company Lisa Vandergriff
“The Basics” begins with an overview of the construction industry, then moves from the contract life cycle to job costing issues to financial reporting concerns to issues and processes unique to the construction industry. Along the way, you’ll learn more about your role & responsibilities as your company’s construction financial manager and receive the latest industry and benchmarking information to help you in your daily work.
“The Basics” is more than just a textbook lecture. The workshop uses a sample contractor, a variety of problems & several exercises that allow you to evaluate real-life situations.
As a participant, you are encouraged to share your own perspectives and to trade “war stories” during the case studies and general discussion segments of the program. You’ll come away with a deeper and broader understanding of construction accounting and financial management. This is a Group-Live Course at the BASIC Level. No prerequisites or advanced preparation is required.
Upon completing this one-day workshop, you will be able to: Explain the core points of revenue recognition Discuss the importance of a job cost system Calculate earned revenue Identify what a construction company expects from its financial manager.