Business Accounting & Job Cost Course
Business Accounting & Job Cost Flyer This course provides an explanation of basic accounting terms, job cost analysis, financial reporting, and other controls needed for managing a small business. These are vital tools for tracking and sustaining growth and profitability. A good foundation in the basics of finance also helps builders communicate with bankers, accountants, and other financial professionals with whom they must deal on a daily basis. There are 6 hours of Education Credits for this course (pending approval). This course is approved for Continuing Education credit for NAHB Designations: CAPS – Certified Aging-in-Place Specialist, CGA – Certified Graduate Associate, CGB – Certified Graduate Builder, CGR – Certified Graduate Remodeler, GMB – Graduate Master Builder, CSP – Certified New Home Sales Professional, Master CSP – Master Certified New Home Sales Professional, CMP – Certified New Home Marketing Professional, and MIRM – Member, Institute of Residential Marketing. Why should I take this? Builders and remodelers need to understand accounting principles and job cost procedures and functions in order to properly manage their business. This course will provide the terminology and method foundation necessary to comprehend basic business reporting and job cost procedures, measurement and analysis. In addition, an introduction to the more common types of financing methods for new homes, construction loans and operating capital will be covered. After this course, graduates can: Define concepts and terminology basic to residential construction business accounting Describe the value and usage of common financial reports used for measuring business performance, job cost accounting, and variance analysis of a company’s financial condition Explain the importance and process of measuring and analyzing job cost against performance Identify the essentials of operating capital funding methods. Identify common construction and permanent mortgage products Explain the benefits of understanding business accounting and job cost methods Describe job cost accounting and how it is used to track and monitor business costs Describe the purpose and major activities involved in financial management | 
