Construction Accounting Operations

What You Will Learn

• 1 Learn the fundamentals of construction accounting and its differences from general accounting.
• 2 Understand job costing principles for accurate project cost tracking.
• 3 Apply revenue recognition methods including percentage-of-completion and completed contract.
• 4 Analyze budgeting and cost control techniques for construction projects.
• 5 Implement equipment accounting and depreciation methods.
• 6 Develop subcontractor and supplier management practices.
• 7 Manage change orders and claims accounting.
• 8 Execute progress billing and accounts receivable processes.
• 9 Create financial reports and analyze construction company performance.
• 10 Navigate regulatory compliance and audit requirements in construction.