Construction Accounting and Financial Management

Online

Strong financial management is vital to success in the construction industry. Through lecture, a review of case studies and class discussion, you will learn the basics of construction accounting and will explore a variety of topics, including payroll, purchasing, job costing, revenue recognition, selection of entity structure, insurance, cash management and more. In addition, you’ll be exposed to internal controls and risk management best practices that will help you successfully manage your project finances. By the end of this course, you will have a stronger understanding of financial management principles that will help you achieve greater returns on your projects.

Learning Outcomes

  • Apply the basic fundamentals of construction accounting
  • Evaluate basics of risk management including insurance coverage and surety
  • Distinguish issues of double entry bookkeeping through the use of T-accounts
  • Compare options for entity structure and evaluate general income tax implications and concerns

Skills You Will Gain

  • Accounting
  • Contract management
  • Insurance and surety
  • Cash management
  • Financial statements
Academic Units
3
Section Number
243CNM101
Instruction Method
Online class

Section Notes

This is an online course with class materials that can be accessed throughout the week. The course is structured to move from one week to the next.  

Students will receive an email with login information to access the course one business day before the first day of class. 

Textbook information will be updated on this course page under Section Course Materials at least one month before the start of the course. 

Certificate students: Students must earn a grade of C or higher (not a C minus) in order for this course to count towards the requirements for the Construction Management Certificate. Courses applied towards the Construction Management Certificate must be completed within five years. 

Enrollment Policies

Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received by the Refund deadline: January 28, 2025. Refunds and/or enrollment transfers will not be approved after this date.   Click here to view complete enrollment policy information including details on withdrawals and transfers.

Students have the first week of class to enroll with the understanding that students who enroll after the first day of class are expected to reach out to their instructors to make sure they receive all content and are on track with the course.

Technical Requirements

All elements of this class will be conducted online. Students must have a computer with access to the internet and an email account in order to complete this course. Students must be able to download and upload files from and to the online classroom. To ensure your success in this course, please review our technical requirements page.

Discounts

BIA

Members can receive 10% discount on the course fee by entering the Coupon Code.  If you don’t have your association discount code, contact UC Davis Continuing and Professional Education at (800) 752-0881.

SRBX

Members can receive 10% discount on the course fee by entering the Coupon Code.  If you don’t have your association discount code, contact UC Davis Extension Student Services at (800) 752-0881.

Early Enroll Discount

Enroll 14 days before the course start date to save $50 on the course fee.

Info Session Discount

Attendees of UC Davis Continuing and Professional Education Information Sessions may be eligible for $100 discount on a class by entering the Coupon Code provided at the Information Session.  Contact UC Davis Continuing and Professional Education Student Services office, at (800) 752-0881, if you have questions about this discount.

Builders' Exchange of Stockton

Members can receive 10% discount on the course fee by entering the Coupon Code.  If you don’t have your association discount code, contact UC Davis Continuing and Professional Education Student Services at (800) 752-0881.