Date:  August 31, 2016
Time:  8:00 am – 5:00 pm

CAGC/CFMA Member Price: $250 

Location:

Wayne Brothers Corp. Office

357 Concrescere Parkway

Davidson, NC 28036

Directions

Registrations must be received by 8/23/2016

Full Refund Cancellation deadline: 8/22/2016

CFMA’s Basics of Constructing Accounting is now new and improved, featuring up-to-date information, a user-friendly design, and many added benefits! The Basics of Construction Accounting Workshop is designed for accounting professionals new to the construction  Industry as well as non-accounting construction industry professionals who want or need a better understanding of construction accounting processes, construction cost  management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor's financial statements. This one-day class presents an introduction to the key processes that make construction accounting unique.

Prerequisites:  This is a group-live course at the basic level. No prerequisites or advance  preparation required.

CPE Credit:  This is an 8-hour course which earns 8 CPE credits in the field of Accounting.

Here's what’s covered:

· Industry Overview – The who, what, when & why of the       construction industry

· Terminology & Authoritative Resources – Where to get the answers & what those answers mean

· The Contract Life Cycle – What happens when during this cycle that drives our business

· Elements of Financial Statements – What are yours   saying about your company?

· Job Cost Reporting – What it is, what it isn’t, how to allocate costs, how to structure reports

· Revenue Recognition – Contract value, percent complete, what drives the WIP, the effect of change orders

· Computing Earned Revenue – What it is & how to    compute it

· Cost in Excess/Billing in Excess Analysis – The ABCs of CIE & BIE

· Financial Statement Preparation & Analysis – What to look –  and look out – for

· Cost Reporting Analysis – Tying together all you’ve learned

· What’s Expected of YOU?

· Unique Policies & Practices

· Industry Benchmarks

· And more!

Presented by:
Jim Hazel, CPA, Elliott Davis Decosimo
Jeff Greenway, CPA, Elliott Davis Decosimo
Howard Houston, CPA, Elliott Davis Decosimo
Thomas Karlsson, CPA, CIA, Elliott Davis Decosimo
Todd Soderlund, CPA, CCIFP, Elliott Davis Decosimo

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE  Sponsors through its website: www.learningmarket.org.

For more information regarding refund, complaint and program cancellation policies, contact Brian Summers, VP of Content Management and Education at CFMA.  Princeton Forrestal Village, 100 Village Blvd., Suite 200, Princeton, NJ 08540, Phone: 609-452-8000, or e-mail bsummers@cfma.org

Questions?

Sandra Wallace, CAGC

6110 Park South Drive, Suite 350

Charlotte, NC 28210

(o) 704-372-1450 x 5255  |  (c) 980-275-2841

swallace@carolinasagc.org