Accountants Guide to Project Management

We need, welcome and support accountants in their roles. But what if we could identify ways for them to better understand Project Management? And, even further, how could we emphasize that accountants and PM’s are integral parts of each other’s performances?

Accountants know their profession but few have ever had the kind of construction experience required in today’s project climate. Accountants Guide to Project Management fills-in the experience gaps most accountants lack.

 

The course is worth 1 Gold Seal Credit

Accountants Guide to Project Management will help you understand:

  • Roles and responsibilities of project managers
  • Focus on profits
  • Project team members
  • Cost & revenue accruals
  • Net present values
  • Project cash flows
  • Contracts and revenue types
  • Job costing

 

CCA Member $399(+GST) Non-Member $499 (+GST)

April 25 & 26, 2023 - 9:30am - 1:00pm

2 Virtual 1/2 Day Sessions

Additional Details

Accountants will be led through project management just like PM’s were led through Finance & Accounting systems and reports

A mirror-image of the Finance and Accounting for Non-Financial Managers’ course, accountants will learn the roles and responsibilities of PM’s – how, why and when they do what they do. Knowing this, they can support the PM through accounting practices, cost controls and financial reports. But, to do that effectively, accountants must understand the PM role.

Learning Outcomes:

  • Forecasting costs at completion
  • Two main causes and solutions to poor productivity
  • Skilled labour shortage with emphasis on recruiting and retention
  • Benefits of gross profit factors to control overhead expenses
  • Why and how bonding and insurance reduce risks
  • Project evaluations and close-outs

Attendance is encouraged for those accountants and admin personnel who wish to learn the challenges of the construction processes. Not only will the construction projects’ performance improve when accountants and PM’s work more closely together, each participant will most assuredly gain a much better understanding of construction. A win-win situation for all involved!

This course is delivered in partnership between your local construction association and other associations throughout Western Canada. You’ll be participating in a cohort with industry peers from across these regions.

Wayne Newell, Wayne Newell Management & Seminar Services

For over 35 years Wayne served in senior financial leadership roles and worked with companies throughout Canada, the United States and the Caribbean. His experiences and expertise, shared with many companies, has helped owners, managers, employees and businesses grow. In doing so, he has amassed a library of knowledge on what makes a successful contracting company.

During his seminars he discusses his experiences in implementing specific techniques, methods and strategies used to help contracting companies increase profits, control and/or reduce costs and improve cash flows. In the past eighteen years Wayne has presented his exclusive Construction Management Courses to over 3,500 construction professionals from St. John’s to Victoria.  He was awarded his CMA designation in 1972.

This course is highly interactive, you must have the following:

  • Computer or laptop with webcam: This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a webcam and use a full computer/laptop, and we do not permit students to attend using a tablet or cell phone.
  • A quiet space with minimal distractions: Please plan to be fully engaged in the class, and clear your work schedule just as you would for an in-class program.

Cancellation Policy:

Payment is non-refundable for cancellations made within 5 business days of the course, or non-attendance on the day. Complimentary substitution of another member of your company is accepted. If CCA has to postpone or cancel courses due to insufficient enrolment, CCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future. Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.

CANADA – ALBERTA JOB GRANT

Did you know!!  Eligible employers can get government funding to help employees access training opportunities. The Canada-Alberta Job Grant will give you up to 2/3 of the registration fee (up to $10,000/employee/fiscal year) for training. Whether taking one course or a combination of courses, the total training must be a minimum of 21 hours and be completed within 52 weeks.

OVERVIEW

HOW TO APPLY