FINANCE & ACCOUNTING FOR CONSTRUCTION PROFESSIONALS

Description

Understand the Numbers, Improve Decisions, Drive Profitability

Is Your Company’s Financial Performance Where It Should Be?

In today’s construction environment, strong operations are not enough. To succeed, you need a clear understanding of the numbers behind your business. This practical course helps construction professionals tackle key challenges, including:

• Labour shortages and productivity issues

•    High overhead and avoidable costs

•    Low profit margins and cash flow struggles

Developed specifically for Canadian construction professionals, this course bridges the gap between financial concepts and day-to-day project execution. 

Course Details: 
October 6, 7 & 8
1:00 - 5:00 p.m.
Location: Virtual Classroom: 3 Sessions of 4.0 hours each (total 12 hours)
Gold Seal Accreditation: This workshop is accredited for 4 Gold Seal Credits
Pricing: Member Rate: $599.00 plus hst / Non-Member Rate: $699.00 plus hst 

Who benefits by attending?

• General contractors and sub-trades, Project managers, Superintendents, Estimators, and Managers who desire a stronger understanding of construction accounting and finance.
• Aspiring business owners looking to turn their skills into a profitable, sustainable business
• Experienced contractors planning to grow by increasing profits and streamlining operations.

You Will Learn How To:

• Read financial reports with confidence
• Understand cash flow and improve liquidity
• Manage project costs and margins in real time
• Recognize risks and protect profitability
• Make better decisions that drive results

Numbers Tell the Story. Practical, Relevant, Construction-Focused 

Real-World Tools You Can Use:

• Read financial data and make confident decisions
• Track labour productivity and reduce job site inefficiencies
• Set clear profit targets using simple formulas
• Justify capital purchases through cost-benefit analysis
• Improve billing, collections, and job costing accuracy
• Identify and address overhead excesses
• Avoid cash flow shortfalls through effective forecasting
• Manage risk using insurance, bonding, and internal controls
• Tackle the skilled labour shortage with smart HR policies
• Use KPIs and analytics to measure what matters
• Navigate the accounting cycle and financial statements
• Understand revenue recognition, accruals, and GAAP basics

Immediate Impact on Your Bottom Line
This is not a theory-heavy course. Every module is designed to deliver real-world value that can be applied to your projects and company right away.

Successful completion and attendance of the three days training is worth 4 Gold Seal credits. Please click here for more information on gold seal certification and how you can become certified.

 About the instructor: Wayne Newell has over 35 years of experience in financial and operational management across construction, manufacturing, and service sectors in Canada, the U.S., and the Caribbean. A CMA since 1972, Wayne has trained more than 4,000 construction professionals in the past 20+ years. His courses are known for being clear, relevant, and results-focused, helping contractors improve performance and profitability.