Working in the Construction Industry (Live Webinar)
Overview
Gain a practical understanding of construction financial management — from controlling job costs to improving cash flow and profitability. Learn how accounting practices differ in project-based construction environments, and how to provide greater value by connecting financial information to project schedules, field operations, and real-time decision-making.
By the end of the course, you will be making stronger financial decisions, contributing more strategically to project success, and speaking the language of construction professionals.
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Applicable for
- CPAs and accounting professionals working in or with construction companies
- Public accountants advising construction clients
- Financial leaders preparing for greater strategic responsibility
Learning Objectives
Whether you're a CPA in public practice, entering the construction sector, or stepping into a financial leadership role, this course will help you:
- Understand financial pressures and decision-making unique to construction projects
- Align financial reporting with project schedules, site operations and field realities
- Provide more relevant and actionable financial insights to support project performance
- Confidently contribute to planning, project reviews, and risk management discussions
Content
- The 4 stages in the project life cycle – from bidding and award through project closeout
- The financial roles and responsibilities of estimators and project managers
- How to manage job costs and project cash flow effectively
- The reporting implications of contract types, revenue recognition, and cost accrual
- The two primary causes of productivity gaps — and the financial impact they create
- How to read, analyze, and interpret job cost reports
- Key concepts related to bonding, insurance, and Builders’ Liens
- How project evaluations can strengthen financial leadership and decision-making
- The financial implications of certification milestones, (Occupancy, Substantial, Final)
Course Dates & Registration
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Wayne Newell brings over 35 years of financial and operational leadership experience across the construction, service, and manufacturing sectors in Canada, the United States, and the Caribbean. A Certified Management Accountant (1972), Wayne has trained and mentored more than 4,000 professionals over the past 20+ years. His programs are recognized for their clarity, practical relevance, and results-focused approach, helping contractors and financial professionals improve performance, strengthen financial control, and boost profitability.Improving Your Virtual Learning Experience
Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns.
In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.
Live Webinar FAQs can be found here.
Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.
- 4
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Working in the Construction Industry (Live Webinar)
- 4
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Overview
Gain a practical understanding of construction financial management — from controlling job costs to improving cash flow and profitability. Learn how accounting practices differ in project-based construction environments, and how to provide greater value by connecting financial information to project schedules, field operations, and real-time decision-making.
By the end of the course, you will be making stronger financial decisions, contributing more strategically to project success, and speaking the language of construction professionals.
|
|
Applicable for
- CPAs and accounting professionals working in or with construction companies
- Public accountants advising construction clients
- Financial leaders preparing for greater strategic responsibility
Learning Objectives
Whether you're a CPA in public practice, entering the construction sector, or stepping into a financial leadership role, this course will help you:
- Understand financial pressures and decision-making unique to construction projects
- Align financial reporting with project schedules, site operations and field realities
- Provide more relevant and actionable financial insights to support project performance
- Confidently contribute to planning, project reviews, and risk management discussions
Content
- The 4 stages in the project life cycle – from bidding and award through project closeout
- The financial roles and responsibilities of estimators and project managers
- How to manage job costs and project cash flow effectively
- The reporting implications of contract types, revenue recognition, and cost accrual
- The two primary causes of productivity gaps — and the financial impact they create
- How to read, analyze, and interpret job cost reports
- Key concepts related to bonding, insurance, and Builders’ Liens
- How project evaluations can strengthen financial leadership and decision-making
- The financial implications of certification milestones, (Occupancy, Substantial, Final)
Course Dates & Registration
Wayne Newell brings over 35 years of financial and operational leadership experience across the construction, service, and manufacturing sectors in Canada, the United States, and the Caribbean. A Certified Management Accountant (1972), Wayne has trained and mentored more than 4,000 professionals over the past 20+ years. His programs are recognized for their clarity, practical relevance, and results-focused approach, helping contractors and financial professionals improve performance, strengthen financial control, and boost profitability.Improving Your Virtual Learning Experience
Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns.
In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.
Live Webinar FAQs can be found here.
Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.