INTRODUCTION
Keeping costs in check over the course of a long construction project requires highly skilled estimating and an extensive knowledge of the build process. Being good with numbers or being an experienced contractor is simply not enough to deliver accurate cost projections. Rather, the role of a construction project accountant requires a highly developed skill set.
IRES offers construction project accounting training that is accessible and up to date. Our programming aims to develop well-rounded professionals capable of guiding a major project to success, from the initial bid to the final accounting.
DURATION
5 Days
WHO SHOULD ATTEND
Construction Project Accounting Workshop is designed for accounting professionals new to the construction industry as well as non-accounting construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, and the most important elements of a contractor's financial statements.
Course Level:
LEARNING OBJECTIVES
At the end of this IRES training course, you will learn:
- Develop more thorough bids and proposals that will increase your chances of winning a lucrative job
- Manage financial risks by having a more nuanced understanding of a project’s budget beforehand
- Ensure adequate cash is available to purchase materials, pay workers and run your business
- Prevent cost overruns as a project progress
- Improve transparency when communicating with clients
- Better understand the tax implications of a job and take full advantage of all available incentives
- Monitor your business’ financial performance over time and plan strategically for growth
TOPICS TO BE COVERED
- Budget Management
- Time Management
- Risk Management
- Communications Issues
- Accounting and Tax
- Financial Strategies
- Inventory Management
- Cost reporting analysis
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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