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Construction Project Accounting Course

INTRODUCTION

Keeping costs in check over the course of a long construction project requires highly skilled estimating and an extensive knowledge of the build process. Being good with numbers or being an experienced contractor is simply not enough to deliver accurate cost projections. Rather, the role of a construction project accountant requires a highly developed skill set.

IRES offers construction project accounting training that is accessible and up to date. Our programming aims to develop well-rounded professionals capable of guiding a major project to success, from the initial bid to the final accounting. 

DURATION

5 Days

WHO SHOULD ATTEND

Construction Project Accounting Workshop is designed for accounting professionals new to the construction industry as well as non-accounting construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, and the most important elements of a contractor's financial statements.

LEARNING OBJECTIVES

At the end of this IRES training course, you will learn:

  • Develop more thorough bids and proposals that will increase your chances of winning a lucrative job
  • Manage financial risks by having a more nuanced understanding of a project’s budget beforehand
  • Ensure adequate cash is available to purchase materials, pay workers and run your business
  • Prevent cost overruns as a project progress
  • Improve transparency when communicating with clients
  • Better understand the tax implications of a job and take full advantage of all available incentives
  • Monitor your business’ financial performance over time and plan strategically for growth

TOPICS TO BE COVERED   

  • Budget Management
  • Time Management
  • Risk Management
  • Communications Issues
  • Accounting and Tax
  • Financial Strategies
  • Inventory Management
  • Cost reporting analysis

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.   

Mob: +254 715 077 817

Tel: 020 211 3814

TAILOR- MADE

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

For further inquiries, please contact us on Tel: +254715077817,+254 (020) 211 3814 or mail This email address is being protected from spambots. You need JavaScript enabled to view it.

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B 25th November 2019.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it.

CANCELLATION POLICY

Payment for all courses includes a registration fee, which is non-refundable and equals 15% of the total sum of the course fee.

1.    Participants may cancel attendance 14 days or more prior to the training commencement date.

2.    No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met.

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Event Duration 5 Days
Event Date 02-12-2019
Event End Date 06-12-2019
Cut off date 25-11-2019
Individual Price(Kenyan) KES 75,000
Individual Price (International) EUR 790
Individual Price(International in Dollars) USD 1,000
Location Nairobi, Kenya
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