Business Accounting and Job Costing: A Road Map to Profitability

The financial score card, or measurement of an owner’s or a company’s success, is based on managing your finances effectively. This course provides you with the basics of financial planning, budgeting, construction business accounting, job cost systems, and financing options that will enable you to track and analyze cost of goods, overhead, and individual job costs as well as communicate about them effectively. Topics include accounting terminology, a chart of accounts, types of records and reports to be maintained, and loan products that can provide financing alternatives.

As a graduate of this course, participants will be able to: •Define concepts and terminology basic to construction business accounting •Describe the value and use of common financial reports in measuring business performance, job cost accounting and variance analysis •Explain the importance and process of measuring and analyzing job cost against performance •Identify the essentials of operating capital funding methods •Identify common construction and permanent mortgage products and the relative builder/client positions •Recognize the differences between active and passive income endeavors •Access templates for a personal budget, a company budget, a chart of accounts, an income statement and balance sheet reports

This Course Qualifies For: •6.0 CE for AIBD •6 CE for all NAHB Designations except HCCP Get the "Accounting and Financial Management" ebook free ($11.99 value) through when you register for this course at IBS!

Course Information

When: June 13, 2019
9:00 AM to 5:00 PM

Where: 13890 Lowe Street
Chantilly, VA 20151

Contact: Alexandra Whitson
3684 Centerview Drive
Suite 110-B
Chantilly, VA 20151

Phone: 703-953-3504

NAHB Member Fee: $250.00
Non-member Fee: $300.00
Instructor: Vince Butler
Sponsoring HBA: Northern Virginia BIA - 4840
Sponsoring HBA Website: