Webinar: The Basics of Construction Accounting and Financial Management

Description

WEBINAR DESCRIPTION 
This webinar will offer an introduction to construction accounting processes and cost management systems. This webinar will also assess the most important elements of a contractor’s financial and cost management systems. It is geared toward accounting personnel, owners, financial service providers, project/construction managers, risk professionals, technology vendors and others who are familiar with construction accounting but want to learn more.

This Webinar is Designed to:  
 

• Explain basic debits and credits and how they work
• Communicate the importance of a job cost system
• Help understand work-in-progress (WIP) schedules
• Explain importance of percentage-of-completion revenue recognition
• Explore the role of financial managers in developing financial statements