construction accounting certification

Construction contracts and leases that contractors enter into are some of the most difficult items encountered by auditors. This course focuses solely on these two issues to ensure you are prepared. Our team will focus construction bookkeeping on performing the audit accurately and timely while complying with generally accepted auditing standards. Analyze complex plans, identify specifications and scope of use, and organize construction assembly details.

  • Over the course of more than 28 years in business, we’ve helped more than 1.4 million professionals get the convenient, cost-effective training they need to stay current and compliant.
  • Learn about the various stakeholders in construction project finance, what financial risks they are exposed to, and how borrowing or partnerships play a role in that risk.
  • If you manage your cash flow carefully, you won’t be one of them.
  • This course focuses mainly on unique characteristics and practices inherent in accounting for construction projects and construction organizations.
  • Upon completion of the course/program, UC Davis will provide a certificate of completion as well as an official course transcript.
  • If you experience payment problems, please try an alternative enrollment method.

The digital certificate will be sent approximately two weeks after the program, once grading is complete. Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. Check back to this program web page or email us to inquire if future program dates or the timeline for future offerings have been confirmed yet. Note that, unless otherwise stated on the program web page, all programs are taught in English and proficiency in English is required.

of construction students would recommend this program to a colleague*

On-demand training materials consist of recordings of webinars, whitepapers, manuals, slide-deck presentations and more. Identify techniques to provide efficient, high-quality audit and accounting services to construction clients. Learn how to get paid faster, improve cash flow, and build successful relationships in the construction industry.

construction accounting certification

In this guide we’ll look at what you need to know about construction accounting. This will help you keep your business in the black and out of trouble. Having an experienced expert to keep track of the health of your company is vital in an industry like construction, where precise budgeting is necessary to make better bids and win jobs. As a result, they should have their finger on the pulse of the industry, so to speak.

Learn Construction Accounting

The CCIFP certification covers a robust set of knowledge domains that touch many parts of the construction financial sector such as income recognition, budgeting and planning, and risk management. Obtaining such a certification reassures clients that a firm’s employees have a depth of knowledge in every aspect of their job. Construction accountants typically hold a bachelor’s degree in accounting; however, most college accounting programs spend only a few weeks discussing construction accounting. Construction accountants learn their specialty through on-the-job training and experience and from industry-specific training courses given by construction industry associations or accounting societies.