An Intensive 5-day Training Course
Construction Accounting and Financial Management
Mastering the Financial Blueprint:
Construction Accounting and Financial Management Excellence
Course Introduction
This Construction Accounting and Financial Management training course offer professionals in the construction industry a comprehensive understanding of financial principles tailored to the unique challenges of the construction sector. This training course is designed to equip participants with the knowledge and skills needed to effectively manage finances, make strategic financial decisions, and optimize financial performance within construction projects and companies.
By the end of this training course, participants will be equipped with the tools and knowledge necessary to navigate the financial intricacies of the construction sector, enabling them to contribute effectively to the financial success of construction projects and organizations.
This Construction Accounting and Financial Management training course will highlight:
- Comprehensive financial foundations
- Digital transformation in construction finance
- Strategic financial decision-making
- Risk management and compliance
- Industry relevance
Objectives
These objectives aim to equip participants with a comprehensive skill set and knowledge base, enabling them to excel in the financial management of construction projects and contribute to the overall success of construction organizations.
At the end of this training course, you will learn to:
- Understand construction financial fundamental
- Integrate marketing strategies into financial management
- Utilize digital tools in construction finance
- Master strategic financial decision-making
- Enhance cost estimation and control skills
Training Methodology
By incorporating a variety of teaching methods, the training course methodology aims to cater to diverse learning styles and create an immersive and effective learning experience for participants in the training course.
The training course methodology for the training course should be designed to facilitate effective learning, engagement, and practical application of concepts using the following;
- Lectures and presentations
- Interactive discussions
- Hands-on exercises
- Group activities
- Digital tools and technology demonstrations
Organisational Impact
The organizational impact of a Construction Accounting and Financial Management training course can be multifaceted, contributing to improved financial performance, operational efficiency, and overall competitiveness within the construction industry.
Implementing a Construction Accounting and Financial Management training course within an organization can have several positive impacts, both short-term and long-term.
The Organisation will have the following benefits:
- Enhanced financial decision-making
- Improved project financial management
- Increased operational efficiency
- Alignment with industry trends
- Employee satisfaction and retention
- Improved financial reporting
Personal Impact
The personal impact of a Construction Accounting and Financial Management training course is substantial, enhancing participants' skills, knowledge, and overall professional effectiveness within the field of construction finance.
Individuals who undertake a Construction Accounting and Financial Management training course can experience significant personal impact, gaining knowledge and skills that can enhance their professional growth and effectiveness.
At the end of this training course, the participants will gain the following;
- Strategic decision-making skills
- Digital proficiency
- Strategic decision-making skills
- Client relationship building skills
- Advanced cost estimation and control
- Professional networking opportunities
Who Should Attend?
This training course is designed to cater to a broad audience within the construction industry, offering valuable insights to professionals at various levels and roles involved in financial decision-making within construction projects and companies.
This training course is designed for a diverse range of professionals within the construction industry who seek to enhance their financial acumen and contribute to the effective financial management of construction projects.
This Oxford Management Centre Construction Accounting and Financial Management training course is suitable to a wide range of professionals but will greatly benefit:
- Construction Project Managers
- Cost Estimators
- Contract Administrators
- Owners and Developers
- Construction Executives and Leaders
Course Outline
Day One
Introduction to Construction Accounting and Financial Management
- Welcome and Course Overview
- Importance of Financial Management in Construction
- Overview of Construction Industry
- Key Financial Terms and Concepts
- Introduction to Construction Accounting Principles
- Types of Construction Projects and Contracts
- Basics of Revenue Recognition in Construction
Day Two
Financial Statements in Construction
- Understanding Financial Statements
- Income Statement, Balance Sheet, and Cash Flow Statement
- Ratio Analysis for Construction Companies
- Budgeting and Forecasting in Construction
- Variance Analysis and Performance Measurement
- Cash Flow Management in Construction
Day Three
Cost Accounting in Construction
- Cost Estimation in Construction
- Job Costing and Cost Allocation
- Overhead Allocation Methods
- Direct vs. Indirect Costs
- Cost Control and Cost Monitoring Techniques
- Activity-Based Costing in Construction
Day Four
Risk Management and Compliance in Construction Finance
- Identifying and Managing Financial Risks in Construction
- Insurance and Bonding in Construction Projects
- Legal and Regulatory Compliance
- Financial Compliance and Reporting
- Tax Planning for Construction Companies
Day Five
Capital Budgeting and Financing in Construction
- Capital Budgeting Techniques
- Evaluating Investment Opportunities
- Financing Options for Construction Projects
- Project Financing and Funding Sources
- Financial Decision Making in Construction
- Final Project and Review
- Q&A Session
Certificate
On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates
Accreditation
In association with
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FREQUENTLY ASKED QUESTIONS
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: info@oxford-management.com
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com
Note: Discounts are not applicable with any other special offer that may be available.
All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to info@oxford-management.com
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email info@oxford-management.com or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
