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Education
Introduction to Construction
Accounting
Understand
traditional
construction
accounting
…
Learn
basic
accounting
concepts
…
Study
construction
specific
practices.
Interested in self-study? Click here!
Here’s what’s covered in the complete 10-week course ...
Introduction to Construction
Accounting
introduces
owners,
construction
business
managers,
project
accountants,
accounting
support
personnel,
and
financial
services
providers
to
the
fundamentals
of
accounting
and
the
aspects
of
accounting
specific
to
construction.
Highlights
include:
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-
Debits
and
credits
-
Traditional
subsidiary
ledgers
-
Accounting
for
job
cost
-
Percentage-of-completion
revenue
recognition
-
The
calculation
of
over-
and
under-billings
-
Financial
statement
development,
presentation,
and
review
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The
course
begins
with
a
review
of
debits
and
credits,
provides
an
outline
of
general
accounting
theory,
and
concludes
with
the
principles
of
job
cost
accounting,
including
revenue
recognition,
over-
and
under-billings,
and
retention.
Order
the book or
order
eLearning now. Or, learn more
about the e-learning course.
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Introduction to Construction Accounting Course Format
Ten-week
course
that
meets
for
60-90
minutes
each
week; includes online component for blending learning approach that shortens classroom time.
Involves
the
study
of
Sam
P.
and
Mary
Little,
LTD.,
a
hypothetical
construction
company.
Uses
a
textbook
plus
interactive
Web
site
materials.
Includes
report
templates
for
balance
sheets,
stockholders
equity
reports,
cash
flow
statements,
job
status
reports,
and
work-in-progress
statements.
Allows
for
optional
feedback
on
homework,
quizzes.
Provides
the
option
to
take
a
final
exam.
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