Construction Accounting Series 1- Online- 1.15 Hours (CPD)

The course will go through the following topics in Construction Accounting Series 1 and provide insights to the BC residential builders and professionals:
- Introduction
- The Cash Flow Trap 
- Definitions to Remember in Accounting
- Users of Financial Statements
- Forms of Business Organization
- Assets
- Liabilities
- Capital
- Income 
- Expense
- Basic Accounting Equation
- Single Entry Bookkeeping
- Double Entry Bookkeeping
- T Accounts
- Accrued Revenues
- Accrued Expenses
- Unearned Revenues
- Prepaid Expenses
- Depreciation
- Adjusting Entries
- Financial Statements in Accounting
     - Income Statement
     - Statement of Retained Earnings
     - Balance Sheet
     - Statement of Cash Flows
     - Some Final Words

The goal of the presentation is NOT to elaborate the detailed Construction Accounting but to educate the BC residential builders and trade people of the fundamentals of Construction Accounting and how to work effectively for best outcomes.

This online course is facilitated by expert team of CPD Institute.

Module 1
Quiz 1Content
Module 1
Quiz 1