Structuring Your Construction Data for Business Intelligence

In order to gain value from your construction data through business intelligence, it is important to have your data structured properly — and construction accounting and job cost are no exceptions. This on-demand course will review how to best structure cost codes, job cost, general ledger, and other accounting sub-ledgers to make the best of business intelligence.

After this course, you will be able to:

  • Explore best practices for developing a cost code structure that will provide valuable data back to operations, finance, and estimating
  • Recognize the difference in general ledger data structures with various accounting systems and decipher which one fits your organization best
  • Identify what to do to design a consistent data structure across multiple systems — allowing your company to gain a 360° view of operations
  • Determine when you are better off reimplementing your existing enterprise resource planning system rather than replacing it

     

Level & Prerequisites
This is a Basic level online self-study course that was developed for professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.

CPE Information
Earn .5 CPE credits in the field of Information Technology upon successfully completing this course and achieving at least 70% on the final exam.

CCIFP Information
Earn .5 CCIFP Professional Development credits which can be applied to either the General or Construction Requirement.

CPE Note
This on-demand course is based on a popular session from CFMA’s 2023 Annual Conference. Please note that you cannot receive CPE or CCIFP Professional Development credit if you participated in this session during CFMA’s 2023 Annual Conference.

Course Length

The estimated time to complete the course and final exam is approximately 50 minutes, depending on the pace of the learner.

Who Should Attend?

  • Business Owners
  • CFOs
  • Construction Financial Professionals
  • Contractors
  • Controllers
  • CPAs
  • Professional Advisors
  • Risk Managers
  • Subcontractors


Price

  • $39 for CFMA Members
  • $49 for Non-Members

Contributing Developers


CFMA Colleague Discount

If you are a CFMA member and would like to enroll someone at your company in this course who is not a CFMA member, please contact CFMA at education@cfma.org for more information.

CFMA Group Discount

If you are interested in registering a group of individuals at your company, please contact CFMA at education@cfma.org for more information.