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Full Event Description

Understanding Construction Accounting - Minneapolis Chapter | March 21, 2018 (PM Session)

03/21/2018

  • Location: Marriott Minneapolis West, 9960 Wayzata Boulevard, St Louis Park, MN, US

An understanding of construction accounting is essential for the success of your business. This course covers topics such as revenue recognition methods, the components of contract costs, how to calculate revenue earned, balance sheet accounts that are unique to contractors and key financial ratios for contractors.

Following this course, participants will be able to:

• Calculate job costs
• List components of contract costs
• Give examples of methods to measure percentage of completion and revenue earned
• Explain how to calculate financial ratios