CCIFP Study week 1

This week we’re going to be studying for the CCIFP using the

“CONSTRUCTION ACCOUNTING & FINANCIAL MANAGEMENT, 3/e helps construction professionals and construction management students master the principles of financial management, and adapt and apply them to the challenge of profitably managing construction companies.” You can rent this book or purchase from Amazon.

Continue reading “CCIFP Study week 1”

SOP 81-1 -Statement of Position- Revenue Recognition

What every construction accountant should know…the importance of  Revenue Recognition and the story it tells.

Whether you are the PM, Accountant, Bookkeeper, Controller CFO or the President of your Construction company the WIP report is a tool that will help you manage your projects.

Continue reading “SOP 81-1 -Statement of Position- Revenue Recognition”