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
Speaker: Dave O'Brien
NECA’s Online Classrooms will utilize GoToTraining. The full system requirements are here. We recommend having access to a webcam and microphone to interact with other participants during the class.