Accountant's Guide to Project Management

Gold Seal: 2 Credits * BC Housing: 7 CPD Points

Description

Course Overview

A construction project’s success depends on the strength and collaboration of the entire team—including accountants. Clear communication, solid project knowledge, effective management, accurate costing, and reliable forecasting are all essential to meeting project goals. While accountants bring strong financial expertise, many are unfamiliar with the unique demands of construction. This course fills those knowledge gaps, showing how accounting practices, cost control, and financial reporting directly impact project success.

Learning Outcomes

By the end of this course, participants will be able to:

· Understand the roles of Project Managers and Accountants in construction.

· Differentiate between project management and accounting systems.

· Forecast cash flow, manage receivables, and evaluate fixed asset purchases.

· Identify contract types and their impact on financial reporting.

· Apply revenue and cost accruals for accurate financial statements.

· Understand labour cost drivers and causes of productivity loss.

· Interpret coding phases and analyze job cost reports.

· Tackle challenges in job cost forecasting, team management, and culture building.

· Address labour shortages, reduce overhead, and manage risk effectively.

· Promote project management awareness across all staff.

· Conduct post-project evaluations to identify improvements for future jobs.

· Think Like a Construction CFO – Bridge the gap between general accounting and construction-specific practices like job costing and contract management.

· Reduce Risk, Increase Control – Acquire tools to manage financial risks with confidence.

· Grow Your Career – Stand out as a strategic asset in any construction organization.

Delivery Method: Virtual Session – Zoom Meetings  

Course Fee Includes: Access to the course, course materials, and a digital certificate upon completion. 

This course is delivered in partnership with local and provincial construction associations across Canada. You will be participating with a group of industry peers from multiple regions. 

Sharing a single registration between two or more individuals is not permitted. Please register each person that will be in attendance.

Prerequisites

There are no prerequisites for this course.  

Who Should Attend

This course is ideal for accountants and admin staff seeking to better understand construction processes and support stronger collaboration with project managers—leading to improved project outcomes.

Technical Requirements

  1. Computer or laptop

    • This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cellphones may not be adequate

    • Windows 10 or Mac iOS. 

  1. Webcam (Mandatory)– in order to engage and collaborate, participants will be expected to have their webcams on for the duration of the class

  2. Microphone (Mandatory)

  3. Internet connection- For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. The minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.

  4. A quiet space with minimal distractions –The microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.

  5. Comfortable chair

 

Course Credit Information

  

The course is eligible for 2 CCA Gold Seal education credits and 7 BC Housing CPD credits upon completion. 

Registrants seeking BC Housing CPD credits for this course must complete all course components before a certificate showing BC Housing CPD credits earned will be issued. 

Registrants seeking gold seal credits for this course will be required to complete an assessment during the course to qualify to have the gold seal credit endorsement appear on their certificate of completion.

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