BIRMINGHAM, Ala. (Jan. 3, 2023) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Deltek.
The live, online event, “The Basics of Construction Accounting,” will take place Jan. 26, 2023, at 1 p.m. CST and will highlight the how contractors can improve their practical knowledge of accounting fundamentals.
Registration is free at constructionbusinessowner.com/webinars.
When a contractor has decided it’s time to make the transition from standard accounting methods and tools to construction-specific accounting methods and tools, it’s best to begin by reviewing the fundamentals of construction accounting and the role it will play in the contractor’s business. When a contractor conceptually understands the basics of construction accounting, it accelerates their ability to build upon that knowledge effectively.
In this session, attendees will learn:
- The construction company structure and what key partners to include
- The basics of debits and credits
- The different types of accounting and revenue recognition methods
- An overview of job costing and why it should function as the center of your business
- What key financial reports are critical to your financial success
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Deltek’s industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.