Finance In Construction Basics

Wed., Mar. 22, 2023 | 8:30 - 11:30am
Location: ABA Tucson Office
1661 N. Swan Rd., Ste. 144, Tucson, AZ 85712

Continental Breakfast & Materials Included

This class is designed to:

  • Provide a basic understanding of the accounting process in construction
  • Define important construction accounting terms and demonstrate how to calculate the key elements of construction work in process
  • Go beyond the mechanics of the process to provide practical tips on what the work in process is revealing
  • Emphasize the critical role of operations in construction work in progress and the importance of collaboration between accounting and operations
  • Generate a deep understanding of the impact of underbillings and overbillings on your company and how your customers and creditors react to them
  • Give operations people enough accounting insight to be truly effective in their role, and accounting people the practical insight to effectively collaborate with operations