Business Accounting and Job Costing: A Road Map to Profitability
The financial scorecard, or measurement of an owner’s or a company’s success, is a reflection of proper financial management and accounting. This course provides you with the basics of financial planning, budgeting, construction business accounting, job cost systems and financing options that will enable you to effectively track, analyze and communicate costs of goods, overhead and individual job costs. Topics include accounting terminology, a chart of accounts, types of records and reports to be maintained and loan products that can provide financing alternatives.
Participants in this course will be able to:
- Define concepts and terminology basic to construction business accounting
- Describe the value and use of common financial reports in measuring business performance, job cost accounting and variance analysis
- Explain the importance and process of measuring and analyzing job cost against performance
- Identify the essentials of operating capital funding methods
- Identify common construction and permanent mortgage products and the relative builder/client positions
- Recognize the differences between active and passive income endeavors
- Access templates for a personal budget, a company budget, a chart of accounts, an income statement and balance sheet reports
Instructor: Vince Butler, CAPS, GMB, GMR
NAHB Continuing Education: 6 hours towards CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP, MIRM
Required for NAHB Designations: CGB, CGR; Elective for NAHB Designations: CGA
Important Registration Details:
This course is non-transferrable. Do not use another individual’s login information to register for this course. You must login to nahb.org as yourself to receive your certificate of completion and credit for this course. If you are registering as a member, please use a PIN tied to your legal name. NAHB PINs are tied to a person, not a company. If you are not registered on nahb.org, NAHB PINs are tied to a person, not a company. If you are not registered on nahb.org, Create Your Login now.
Cancellation and Refund Policy: Registration is open until 3 p.m. ET (12 p.m. PT) on Monday, April 5. Cancellations will also be accepted until 3 p.m. ET (12 p.m. PT) on Monday, April 5. After that date, a $50 cancellation fee will be charged per cancellation. Cancellation requests must be submitted via email to [email protected].