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Construction Administration & Accounting Academy, 3-Day Course

June 4 @ 1:00 pm - 5:00 pm

$425.00 – $625.00

Construction Administration & Accounting Academy
This is a 12-hour series of courses taught over three days, June 4-6: 1 pm to 5 pm.

June 4th: 1 to 5 pm – Financial Statements – Understanding the Concepts &
Fraud Prevention

  • Overview of Construction Accounting Principles
  • Interpretation of Frequently Used Financial Reports
  • Internal and external threats
  • Types of fraud that plague the construction industry.
  • Policies that reduce the opportunity for fraud
  • Ways to detect internal fraud.

June 5th: 1 to 5 pm – Contractor Compliance – Recordkeeping & Reporting & Tax Reporting – What you need to understand to minimize cost and avoid excess taxation.

  • Lien Waivers
  • Wage Scale, Certified Payroll
  • Maryland Apprenticeship Training Fund
  • MBE Participation
  • Certificate of Insurance
  • Bonding
  • W-9 Forms
  • Personal Property Tax – planning ahead and accurate reporting.
  • Payroll Taxes – Accuracy and timing are critical.
  • 1099s – who should get one, and who should not.
  • Work Opportunity Tax Credit – who qualifies and how to secure tax credit.

June 6th: 1 to 5 pm – Job Costing – Why it’s important and how to track costs & Accounts Receivable and Accounts Payable

  • Measurement of job profitability
  • Organize costs by Job, Phase or Division, Cost Code and Cost Type
  • Construction specifications Institute Division Codes
  • Estimated cost compared to actual costs.
  • AIA Progress Billings
  • Customer payment and cash flow
  • Common issues that delay AR processing
  • Purchase Orders, Confirmation & Approval, Invoice payments
  • Internal Controls and fraud protection
  • Avoid AP errors that can cause over-payment.
See what people are saying about this class:
β€―β€œAfter this class I have a much clearer understanding of many accounting terms and processes.β€― It will allow me to participate in more executive level meetings” – Steven Smith, Senior Estimator, Anderson Fire ProtectionΒ 
β€œThis class provided great information to expand my knowledge with finances, taxes and audits.Β  I will be able to better keep my business in compliance and keep our books up to date.” – Stephanie Ziolkowski, Green JobWorks, LLCΒ 


The numbers below include tickets for this event already in your cart. Clicking "Get Tickets" will allow you to edit any existing attendee information as well as change ticket quantities.
ABC Member
Please note that member pricing is for ACTIVE paid ABC Baltimore members only.
$ 425.00
21 available
Please note that prospect pricing is available to individuals who wish to attend an event to see if membership is a good fit for their organization. After attending one event, the expectation is to meet with ABC to discuss joining.
$ 625.00
21 available


June 4
1:00 pm - 5:00 pm
$425.00 – $625.00
Event Categories:


ABC Greater Baltimore Construction Education Academy at The Skillforce Center
2101 E. Biddle Street
Baltimore, MD 21213 United States
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ABC Greater Baltimore