Did you know that it’s possible for a construction company’s Controller/CFO to generate more profit for the company than a PM does on a construction project? It’s true. Effective cash management is the key. This course covers the cash flow life cycle, ways to optimize cash flow, and cash forecasting techniques.
Chapter coordinators, contact firstname.lastname@example.org for more information or to schedule this course for their chapter. If you wish to attend a course at a CFMA chapter, see a list of upcoming courses, or visit CFMA’s Education Online website to learn more about CFMA’s web-based education.
This is a group-live program at the Basic level. No prerequisites or advanced preparation required. A basic understanding of construction accounting & financial management is recommended.
- The Cash Flow Life Cycle
- How to Optimize Cash Flow
- Cash Forecasting
Upon completing this course, you will be able to:
- Explain the value of cash flow management
- Establish and use internal controls
- Recommend and apply sound cash management techniques
This is a 4-hour course that earns 4.0 CPE credits in the field of Management Advisory Services.
Who should take this course?
People new to the industry or new to job costing, CFOs, Controllers & CFMs with less than 3 years’ experience, Construction financial & accounting managers, Accounting personnel, Construction company owners, CPAs who need a better understanding of cash management as it pertains to construction companies, and professionals in other areas (Surety, Insurance, Banking, etc.) who need a better understanding of sound cash management principles as they pertain to construction companies.
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: Web site: www.learningmarket.org.