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Construction Contract Accounting: A Three-Dimensional Look at the Numbers

 Lorman Education Services
Training Provided by Lorman Education Services nFinancial reports do more than help you comply with the terms of the contract. Financial reporting can help you become more profitable by giving you the information you need to make smart management decisions. This teleconference will discuss three types of accounting - financial, tax and internal/management. Learn how to combine the different methods to get a three-dimensional view of your construction business and improve your financial condition. n nLearning Objectives n- You will be able to identify 3P and 3D. n- You will be able to generate accurate accounting to third-parties. n- You will be able to identify contract costs. n- You will be able to calculate cost structure analysis for more accurate estimating. n
This is primarily teleseminar training
instructor led trainingThis class may be available at a classroom in Milwaukee, WI,
Contact Lorman Education Services for more information
Duration:1 days
Training Presented in:English
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Construction Contract Accounting: A Three-Dimensional Look at the Numbers Agenda

1:00 pm 1:05 pm

  1. Overview
    1. 3D Financial, Tax, Internal/Management
    2. 3P Processes, Developing Practice Habits and People = Profitability

    1:05 pm 1:30 pm

  2. Financial Accounting
    1. Accurate Reporting to Third-Parties
    2. Identifying and Tracking Trends

    1:30 pm 2:00 pm

  3. Tax Accounting
    1. Revenue Recognition Alternatives Income Deferral Strategies
    2. Identifying Contract Costs Reducing Your Completion Percentage
      1. Contract vs. Noncontract Costs
      2. Indirect Costs Allocation Methodologies

    2:00 pm 2:30 pm

  4. Internal/Management Accounting
    1. Key Indicators for Improving Performance
    2. Cost Structure Analysis for More Accurate Estimating
    3. Information Systems Tools for Better Management
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
Click here for more information or to take this course
Home > Lorman Education Services > Construction > Construction Contract Accounting: A Three-Dimensional Look at the Numbers
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