CFMA understands that you are busy and need the ability to learn when it is convenient for you. That's why we offer a variety of opportunities to earn CPE credit on your own time! Explore our most recent on-demand courses below.
This course consists of eight modules providing an overview of the critical industry domains as they relate to construction finance management. Learn More.
Earn 3.5 CPE credits in the field of Accounting and 3.0 CPE credits in the field of Specialized Knowledge.
This course explores emerging technology in the construction industry, specifically augmentative reality (AR), virtual reality (VR), and robotics, and their use cases through specific real-life scenarios. Learn more.
Earn 1 CPE credit in the field of Business Management & Organization.
Data breaches and ransomware continue to make the headlines, and for good reason, as hackers continue to get bolder every day in their attacks. Organizations and individuals are targets, and the ramifications can be significant.
Review the latest trends in cybersecurity and what they mean for your organization and its people. To put your organization on better footing against the current cyber threat landscape, you’ll also learn the latest business processes and management techniques.
After this session, you will be able to:
Determine the cost of a data breach on average and for the industry
Identify new trends in cybersecurity threats
Describe how new laws impact organizations that experience a data breach
Explain ways to manage cyber threats
Level & Prerequisites
This program 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 Credit 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 have already 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.
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.
Contractors around the country are being impacted by changing dynamics in the economy, such as worker shortages, inflation, and supply chains.
As 2023 began, analysts were predicting a continued trend of rising insurance costs on top of these other challenges. Contractors that focus on safety with proven results can realize greater stability on a significant portion of their annual insurance costs when they go from “renting” insurance to “owning” their insurance company in the group captive model.
After this session, you will be able to:
Outline the basics of the group captive structure, including the financial risks and rewards that captive ownership offers
Compare and contrast the traditional insurance marketplace with the captive marketplace strategy
Discover how contractors throughout the country have stabilized and reduced their insurance costs, become safer companies, and generate a return on their insurance premiums
Illustrate the intangible benefits of the “group” dynamic of the captive structure, identifying best practices
Level & Prerequisites
This program 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 Finance 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 have already 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.
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.
Construction companies have extremely complex federal and state income tax environments in which to operate, and the rules change often. Contractors and those who advise them must know the tricks, traps, updates, legislative and regulatory opportunities, and dangers.
This session covers why it’s essential to ensure efficient compliance, minimize tax expense, and maximize the bottom line.
After this session, you will be able to:
Discover recent changes in federal and state income tax laws and their impact on the construction industry
Identify the income tax saving and deferral opportunities for those in the construction industry
Recognize income tax tricks and traps that may be missed by contractors
Level & Prerequisites
This program 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 1 CPE credit in the field of Taxes upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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 have already 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.
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.
Competition for prevailing wage jobs is fierce. Additionally, the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act has been signed into law. So, how will you prepare and position your company to win and manage this new volume of work?
This course will describe fringe benefits, how to simplify the processes of meeting prevailing wage requirements, and how to offer employees a more rich and stable benefits experience. It will also cover how contractors can build a prevailing wage-compliant benefits strategy that helps attract and retain key employees as well as how to comply with regulations and survive an audit.
After this session, you will be able to:
Understand how you can simplify the processes of meeting prevailing wage requirements while offering your employees a more rich and stable benefits experience
Learn how you can build a prevailing wage-compliant benefits strategy that helps attract and retain key employees
Develop actions that you can take to comply with regulations and survive an audit
Level & Prerequisites
This Basic Level online self-study course was developed for professionals with 0-3 years of experience in construction finance and/or taxation. No prerequisites or advanced preparation is required.
CPE Information
Earn .5 CPE credits in the field of Specialized Knowledge upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn .5 CCIFP Professional Development credit which can be applied to either the General or Construction Requirement.
This on-demand course is based on CFMA’s popular webinar on this topic. Please note that you cannot receive CPE credit if you have already participated in CFMA’s live “Prevailing Wage Jobs: Competition & Compliance on Infrastructure Projects” webinar.
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 have already participated in this session during CFMA’s 2023 Annual Conference.
Course Length
The estimated time to complete the course and final exam is approximately 35 minutes, depending on the pace of the learner.
Who Should Attend?
Business Owners
CFOs
Construction Financial professionals
Controllers
CPAs
Professional Advisors
Risk Managers
Price
$45 for CFMA Members
$55 for Non-members
Contributing Developer
Nathaniel Peniston, VP, The Contractors Plan
Adam Bonsky, CEO and President, ABC Insurance Trust
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.
Construction is one of the least efficient industries — so much time is spent dealing with the day’s immediate fire drills from lawsuits and upset clients in the office to labor and materials shortages on jobsites. Many companies don’t feel like they have the time to focus on becoming more efficient, but that’s where most are wrong.
This session dives into the concept of lean construction, which is a thorough system of processes and behaviors that can transform the industry, and explains how lean thinking and processes deliver better employee retention, higher quality of life, safer worksites, and reduced waste.
After this session, you will be able to:
Identify eight types of waste in construction and what those forms of waste mean for a company’s and the industry’s future
Identify how specific wastes are directly affecting your company
Define how technology improves productivity in lean construction, resulting in huge gains on and off the jobsite
Determine how to select the best technology for increasing a construction company’s productivity
Determine how leaders should identify construction waste pain points and turn them into opportunities for change
Level & Prerequisites
This program 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 1 CPE credit in the field of Computer Software & Applications upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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 have already 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.
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.
Hiring mid and upper-level managers in today’s market is extremely difficult. While hiring from outside the company has been a leading strategy for those experiencing growth, the staff shortages being realized today call for stronger approaches to recruiting, engaging, training, and retaining top talent.
This course explores proven strategies for growing your staff from within by investing in your employees.
After this session, you will be able to:
Explore the concept of bottom-up growth and its value to the organization overall
Consider the need for a definition of success for each operational position
Outline the necessary skillsets for development and growth
Define the processes required for employee engagement and learning
Talk about compensation structures as a means for retaining employees
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 1 CPE credit in the field of Personnel/Human Resources upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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 have already 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.
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.
It's a reality that construction company failures occur. This on-demand course will address both the financial and nonfinancial “red flags” for construction company failure of which to be aware. Gain insights on the warning signs so you can remediate the situations, reduce the dangerous impact, and better navigate those murky waters.
After this session, you will be able to:
Identify common red flags that a construction company in trouble would typically exhibit
Recognize corrective actions that limit the impact of red flags
Describe the ramifications of contractor failure
Level & Prerequisites
This Basic Level online self-study course was developed for professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.
CPE Information
Earn 1 CPE credit in the field of Management Services upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit which can be applied to either the General or Construction Requirement.
This on-demand course is based on CFMA’s popular webinar on this topic. Please note that you cannot receive CPE credit if you have already participated in CFMA’s live “Why Contractors Fail” webinar.
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
$85 for CFMA Members
$105 for Non-members
Contributing Developer
Carl Oliveri, CPA, CCIFP, CFE, MBA, a Partner and Construction Practice Leader at Grassi & Co.
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.
Explore the financial management essentials that are of most interest to construction project leaders and team members!
This course covers detailed elements for financial tracking, monitoring, communicating, and adjusting as the construction project evolves while also carefully balancing the budget and forecasting the financials. These concepts will enable these professionals to track and interpret the financials throughout the life cycle of a construction project.
The purpose of this course is to provide nonfinancial construction professionals with a solid understanding of essential aspects of the finances related to construction projects to ensure successful conclusion and support effective collaboration between departments.
After this session, you will be able to:
Understand the risks that need managing for the steps of the project life cycle
Apply the recommendations for managing contract billing for positive outcomes
Integrate job cost systems to capture and project costs to align with the budget
Employ recommendations for successful change order management to maintain construction project profitability
Implement the steps of project forecasting and managing a project forecast meeting
Calculate percent complete and earned revenue
Describe the purposes and components of financial statements and implement rules that apply to each statement
Identify the interested parties of financial statement information
Level & Prerequisites
This is a Basic Level online self-study course that was developed for construction professionals with 0-3 years of experience in the industry. No prerequisites or advanced preparation is required.
CPE Information
Earn 2.0 CPE credits in the field of Specialized Knowledge upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 2.0 CCIFP Professional Development credit which can be applied to either the General or Construction Requirement.
Course Length
The estimated time to complete the course and final exam is approximately 2 hours, depending on the pace of the learner.
Who Should Attend?
Construction Project Managers
Contract Administrators
Estimators
Other construction employees and business partners who would benefit from understanding the financial management essentials as they relate to construction
Project Engineers
Superintendents
Price
$190 for CFMA Members
$235 for Non-members
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.
This course takes a varied approach to providing tax planning strategies for current construction taxation issues. Learn the impact of key tax deductions and how to plan for out-of-state projects, review the tax impact and planning opportunities related to specific construction contracts, and explore valuable tax planning strategies to discover tips, tricks, and traps in construction taxation.
After this session, you will be able to:
Identify potential state and local tax (SALT) income/franchise modifications and apportionment/allocation implications
Identify other SALT compliance burdens related to expansion in new jurisdictions
Recognize potential SALT mitigation techniques due to the expansion of SALT nexus
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 1 CPE credit in the field of Taxes upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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.
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.
Cybersecurity professionals offer fantastic seminars and great ideas; construction financial professionals return to the office excited about what they’ve learned. Then boom — it’s outside the budget or there isn’t owner buy-in.
Cybersecurity is not one-size-fits-all; it differs from industry to industry and even from one segment of construction to another.
From the contractor’s perspective, this session addresses your company’s cybersecurity needs as well as internal and external risks, real-life situations and solutions, accounting controls, staff size, and owner buy-in.
After this session, you will be able to:
Uncover why the construction industry is ripe for cyberattacks and what can be done to minimize risk
Recognize the different types of cyber threats and how to minimize them
See how various controls can be put in place even if your company is too small to have a true separation of duties
Explore banking services that can help minimize risk and how such services could work within your company
Identify questions that every owner should be asking their agent about cyber coverage
Level & Prerequisites
This program 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 1 CPE credit in the field of Information Technology upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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
$85 for CFMA Members
$105 for Non-members
Contributing Developer
Kimberly A. Hullfish CCIFP, CRIS, MBA, Director of Accounting and Compliance, C. Abbonizio Contractors Inc.
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.
This interactive on-demand course introduces the basics of construction industry taxation. You'll be able to identify, interpret, and demonstrate essential knowledge of key taxation fundamentals to help ensure a more profitable and smooth construction project. Topics covered include contractor tax accounting methods, the Section 199A deduction for qualified business income, alternative minimum tax, and look-back interest.
After this session, you will be able to:
Define the common construction tax accounting methods and related terminology
Distinguish between income tax and alternative minimum tax (AMT)
Calculate the Section 199A deduction for qualified business income (QBI)
Determine if Look-back Interest applies and understand the calculation
Recognize different tax planning strategies
Level & Prerequisites
This Basic Level online self-study program was developed for professionals with 0-3 years of experience in construction finance and/or taxation. No prerequisites or advanced preparation is required.
CPE Information
Earn 1 CPE credit in the field of Taxes upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 CCIFP Professional Development credit 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 1 hour, depending on the pace of the learner.
Who Should Attend?
Tax Associates
CFOs
Controllers
CPAs
Accountants
Risk Managers
Other professionals with 0-3 years of experience working in construction finance
Price
$85 for CFMA Members
$105 for Non-members
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.
Cash flow is one of the most important issues facing contractors today. With the market continuing to stay strong, companies are faced with starting new projects, hiring staff, and investing in assets to support the business; yet, more companies go bankrupt due to cash flow issues than profitability issues.
Many actions can and should be taken to improve cash management practices. This session explores a range of simple to complex tools and techniques to help contractors manage and control cash flow and touches on new legislation regarding prompt payment.
After this session, you will be able to:
Recognize the importance of cash management practices
Increase profits with billings and collections
Apply tools and techniques that optimize cash flow
Maximize cash flow with process standardization
Create transparency and accountability with measurement
Level & Prerequisites
This program 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 1 CPE credits in the field of Finance upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn 1 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 have already 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.
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.
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 session, 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 credit which can be applied to either 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 have already 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.
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.
This course provides an overview of long-term compensation options that your construction company may consider. Explore the reasons why long-term compensation is used, the benefits, and what you need to know about such programs to be effective. Additionally, discover the various types of executive compensation and their relationships to performance metrics and taxes.
After this session, you will be able to:
Recognize the benefits of long-term compensation and how it works
Identify different types of executive compensation
Determine the importance of performance metrics management
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 credit in the field of Taxes upon successfully completing this course and achieving at least 70% on the final exam.
CCIFP Information
Earn .5 CCIFP Professional Development credit 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 have already 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.
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.
CFMA's Nano Learning is a dynamic approach to education that breaks down complex subjects into bite-sized training lessons. Nano Learning offers an engaging and comprehensive learning experience tailored to specific objectives, all while satisfying NASBA CPE credit requirements and CCIFP maintenance credits. The best part? These trainings are typically 10-15 minutes in length so learning can fit seamlessly into your schedule.
Please note, NASBAs website identifying jurisdictions that accept nano and/or blended learning as well as technical reviewer credit.
In this 10-lesson series, construction financial professionals can learn how to generate more profit for their companies through effective cash management, optimizing cash flow, and implementing the best cash forecasting techniques.
After completing all 10 lessons in the series, participants will be able to:
Identify the importance of cash management and the factors that impact cash flow.
Describe how to manage cash flow through the business transaction cycles.
Identify and describe cash management tools and techniques.
Describe how to best manage excess cash.
List several strategies for managing debt.
Describe basic surety principles and how to manage the surety relationship.
List internal controls needed to prevent fraud as it relates to cash management.
Identify and describe the four elements of the cash flow life cycle.
Distinguish between short- and long-term cash forecasting and address the challenges of both.
Describe why it’s important to forecast beyond backlog and identify other uses for a cash projection.
Level & Prerequisites
This NASBA-qualified nano learning self-study program has been developed for construction financial professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.
CPE Information
Upon successfully completing and achieving 100% on the end-of-session questions, attendees will earn 0.2 CPE credits per lesson in the field of Management Services. Upon successfully completing all 10 lessons, attendees will earn 2.0 CPE credits. Nano Learning CPE eligibility differs among states. Please check with your state for specific CPE eligibility requirements within Nano Learning.
CCIFP Information
Earn .2 – 2.0 CCIFP Professional Development Credits towards the General or Construction Requirement.
Course Length
Depending on the pace of the learner, the estimated time to complete each session and end-of-session question(s) is 10-14 minutes.
Price
$165 for CFMA Members
$210 for Non-members
Who Should Take This Course
Construction financial professionals, CFOs, Controllers, Business Owners, and CPAs who have 0-3 years of experience in the industry and need to understand cash management.
Changes in business practices and the economic environment create new challenges for the accounting of construction contract revenue.
In this seven-lesson nano learning series, demystify the nuances of Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts With Customers, as it applies to non-public contractors.
In this series, you will be introduced to ASC Topic 606, which requires sound judgment, accurate estimation, and required disclosures, particularly in its implementation. You’ll learn to effectively explain revenue recognition to owners, project managers, and estimators.
After completing all seven lessons in this series, participants will be able to:
Discover the core principles of ASC Topic 606 and the elements of the Five-Step Model used to implement this revenue recognition standard.
Determine the criteria for sale of goods or services, including whether a contract exists given a set of facts and circumstances (Step 1).
Pinpoint the performance obligations in a contract (Step 2).
Recognize when a contract modification should become a separate contract.
Identify the transaction price contained within a contract and allocate it to the separate performance obligations (Steps 3 and 4).
Recognize revenue based on acceptable measurements of completion of the performance obligations (Step 5).
Indicate the disclosures required under ASC Topic 606.
Level & Prerequisites
This NASBA-qualified nano learning self-study program has been developed for construction financial professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.
CPE Information
Upon successfully completing each lesson and achieving 100% on the end-of-session questions, attendees will earn 0.2 CPE credits per lesson, for a total of 1.4 CPE credits in the field of Accounting. Nano Learning CPE eligibility differs among states. Please check with your state for specific CPE eligibility requirements for Nano Learning.
CCIFP Information
Earn 0.2 - 1.4 CCIFP Professional Development credits toward the General or Construction Knowledge Requirement.
Course Length
Depending on the pace of the learner, the estimated time to complete each lesson and end-of-session question(s) is 10-19 minutes.
Price
$116 for CFMA Members
$147 for Non-members
Who Should Attend?
Business Owners
CFOs
Construction Financial professionals
Contractors
Controllers
CPAs
Professional Advisors
Project Managers
Risk Managers
Subcontractors
Those who would like to learn more about revenue recognition
Go beyond accounting and get up-to-speed in all things that a construction financial professional needs to know in order to be successful in the construction industry.
The CFM Academy is the only self-paced learning program designed to get your team up-to-speed on the ins and outs of construction finance. This academy is perfect for training new hires or polishing team members with less than 3 years of experience. Enroll your team as part of their Professional Development Plan and boost their ability to handle the nuances of construction financial management.
Please note, this course is not eligible for CPE credit.