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| Title |
| Construction Accounting (1 credit hours) |
| Course Description |
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This one hour online course will discuss the basics of construction accounting regardless of the size of the firm. The introduction will define accounting terms and different approaches to construction accounting. Next, the course will examine the income side of accounting in terms of sales and accounts receivable. The course will continue with accounting for costs and expenses and associated accounts payable. Finally, a basic review of a financial statement for a construction firm will be presented.
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| Learning Objectives |
- The student will be able to define construction accounting terms.
- The student will gain and understanding of accounts receivable procedures and accounting for sales and income.
- The student will be able to apply accounts payable techniques to track and record costs and expenses.
- The student will learn about how to understand the various types of financial statements used in construction accounting.
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