This course introduces Sam P. and Mary Little, owners of a small construction company. Using their business as an example, we first present core accounting concepts and processes. We then focus on practices of the accounting discipline that are specific to operations in the construction industry. This course equates to approximately the first half of the Introduction to Construction Accounting classroom course.

For individuals with experience in construction or with general accounting background, this crash course gets you up-to-speed fast with the unique accounting practices of the Construction Industry. From transactions to reconciliation to financial statements to analyses, this nuts-and-bolts course cuts through the theory and gets right into practice. It uses hands-on business simulations, including calculation of key ratios and other benchmark indicators. The course begins with a fast-track review of model accounting transactions, followed with month-end reconciliations. Students then prepare Contractor Financial Statements [Balance Sheet, Income Statement, Statement of Retained Earnings, Statement of Cash Flows] along with supplemental Contractor Job Reports [Job Schedules and Job Status Reports, for both In-Process and Completed jobs]. With financial statements complete, you calculate key financial ratio indicators.

This course is for experienced professionals who want to master construction-specific industry practices.

Benefits of the CFMA/Bisk Education E-learning Portal:

From study materials guaranteed to help you pass the CPA exam, to CPE credit hours after you get your license, you can access high-quality training specifically for accounting professionals. In addition, you can take advantage of an invaluable corporate governance program and a broad range of online degree and professional certificate programs from the nation’s leading universities.

Bisk CPEasy, America’s best-selling CPE program for public and industry CPAs, makes meeting CPE requirements quick and convenient. CPEasy offers money-saving CPE subscription programs; interactive live Webcasts; and a variety of other self-study, group-study and live programs to choose from – all from well-known, top industry professionals. With Bisk CPEasy, earning CPE has never been so simple.

About Bisk Education:
Founded in 1971 as a provider of continuing education programs for working professionals, Bisk Education has grown to become the nation’s largest exclusive provider of online degree and certificate programs from the nation’s leading universities, offering end-to-end, lifelong-learning solutions that allow working adults to reach their personal and professional goals through education.

Bisk Education produces nationally acclaimed multimedia and web-based study programs and educational products and has developed a proprietary online Learning Management System (LMS) and e-learning technology which is the common element for all programs, providing anytime, anywhere, 24/7 online learning.

Level:
Basic to Advanced

Who should take advantage of the CFMA/Bisk Education E-learning Portal?
CFMA Members and their staff in search of online continuing education and personal or professional development courses for both financial and non-financial managers.

Visit the CFMA/Bisk e-Learning portal now!

Learn from a specialized curriculum focusing on the insurance and risk management needs of construction projects and contractors. Earn 4 to 12 Insurance CE credits for each course as you develop a specialized expertise in construction risk and insurance. Each course can be completed in 6-10 hours.

Benefits of the CRIS Program:

• Use your new knowledge to make better insurance buying and risk management decisions.
• Be better positioned to offer advice and opinions related to insurance programs.
• Eliminate dangerous coverage gaps and provide better protection for your employer or your clients.
• Become a more valuable employee as you work toward your career goals.
• Gain expertise, confidence, and credibility.
• Program graduates may display the CRIS® designation behind their names as a testament to their expertise.

Who should take the CRIS Program?

• Construction company executives with direct or indirect responsibility for property-casualty insurance or risk management programs
• Construction financial managers, risk managers, or office personnel who buy insurance or coordinate claims for contractors
• CPAs who wish to be more knowledgeable advisors with respect to the insurance their contractor clients purchase
• Construction lawyers who wish to understand the scope of protection provided to contractors for defective construction and other complex coverage issues unique to construction
• Negotiators and lawyers, including in-house general counsel, who advise contractors or draft terms to include in construction contracts
• Insurance agents and brokers who sell insurance to contractors
• Insurance agency customer service representatives (CSR) who handle construction accounts
• Insurance underwriters who focus on the construction industry

Optional Foundation Cours:

• IRMI's Fundamentals of Construction Risk Management and Insurance

5 Core Courses:

• Commercial Auto, Surety, CIPs, and Miscellaneous Lines
• Commercial Liability Insurance for Contractors
• Contractual Risk Transfer in Construction
• Property Insurance for Contractors
• Workers Compensation for Contractors

About RedVector:
RedVector.com has been providing online continuing education to licensed professionals in the engineering, architecture, construction, interior design, land surveying, building inspection and landscape architecture industries since 1999. CFMA Members can choose from a variety of technical, soft skill, and business topics. Authored by a network of over 100 subject matter experts, our courses are developed to meet most state licensing board and professional organization requirements.

Level:
Basic to Advanced

Benefits of the CFMA/RedVector E-learning Portal:
RedVector’s interactive online format is available to CFMA members 24 hours a day, seven days a week from any computer with Internet access, providing you with the convenience of taking courses anytime, anywhere – on your own schedule. At the end of each course, after passing a test, you can easily print your own electronic certificates of completion.

Who should take advantage of the CFMA/RedVector E-learning Portal?
CFMA Members and their staff in search of online continuing education and professional development courses for financial and non-financial managers, engineers, architects, contractors, interior designers, land surveyors, landscape architects, building inspectors, and other construction industry professionals.

Visit the CFMA/Red Vector e-Learning portal now!