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Construction Accounting and Financial Management

An Interactive 5-Day Training Course

Construction Accounting and Financial Management

Mastering the Financial Blueprint: Construction Accounting and Financial Management Excellence

NASBA
Classroom Schedule
Date Venue Fees
09 - 13 Feb 2026 London $ 5,950
20 - 24 Jul 2026 London $ 5,950
07 - 11 Dec 2026 London $ 5,950
15 - 19 Mar 2027 London $ 5,950
Online Schedule
Date Venue Fees
04 - 08 Jan 2027 Online $ 3,950

Introduction

This Construction Accounting and Financial Management training course offer professionals in the construction industry a comprehensive understanding of financial principles tailored to the unique challenges of the construction sector. This training course is designed to equip participants with the knowledge and skills needed to effectively manage finances, make strategic financial decisions, and optimize financial performance within construction projects and companies.

By the end of this training course, participants will be equipped with the tools and knowledge necessary to navigate the financial intricacies of the construction sector, enabling them to contribute effectively to the financial success of construction projects and organizations.

This GLOMACS Construction Accounting and Financial Management training course will highlight:

  • Comprehensive financial foundations
  • Digital transformation in construction finance
  • Strategic financial decision-making
  • Risk management and compliance
  • Industry relevance

Objectives

These objectives aim to equip participants with a comprehensive skill set and knowledge base, enabling them to excel in the financial management of construction projects and contribute to the overall success of construction organizations.

At the end of this training course, you will learn to:

  • Understand construction financial fundamentals
  • Integrate marketing strategies into financial management
  • Utilize digital tools in construction finance
  • Master strategic financial decision-making
  • Enhance cost estimation and control skills

Training Methodology

By incorporating a variety of teaching methods, the training methodology aims to cater to diverse learning styles and create an immersive and effective learning experience for participants in the Construction Accounting and Financial Management training course.

The training methodology for the Construction Accounting and Financial Management training course should be designed to facilitate effective learning, engagement, and practical application of concepts using the following,

  • Lectures and presentations
  • Interactive discussions
  • Hands-on exercises
  • Group activities
  • Digital tools and technology demonstrations

Organisational Impact

The organizational impact of a Construction Accounting and Financial Management training course can be multifaceted, contributing to improved financial performance, operational efficiency, and overall competitiveness within the construction industry.

Implementing a Construction Accounting and Financial Management training course within an organization can have several positive impacts, both short-term and long-term.

The Organisation will have the following benefits,

  • Enhanced financial decision-making
  • Improved project financial management
  • Increased operational efficiency
  • Alignment with industry trends
  • Employee satisfaction and retention
  • Improved financial reporting:

Personal Impact

The personal impact of a Construction Accounting and Financial Management training course is substantial, enhancing participants' skills, knowledge, and overall professional effectiveness within the field of construction finance.

Individuals who undertake a Construction Accounting and Financial Management training course can experience significant personal impact, gaining knowledge and skills that can enhance their professional growth and effectiveness.

At the end of this training course, the participants will gain the following,

  • Strategic decision-making skills
  • Digital proficiency
  • Strategic decision-making skills
  • Client relationship building skills
  • Advanced cost estimation and control
  • Professional networking opportunities

Who should Attend?

This training course is designed to cater to a broad audience within the construction industry, offering valuable insights to professionals at various levels and roles involved in financial decision-making within construction projects and companies.

This Construction Accounting and Financial Management training course is designed for a diverse range of professionals within the construction industry who seek to enhance their financial acumen and contribute to the effective financial management of construction projects.

This GLOMACS Construction Accounting and Financial Management training course is suitable to a wide range of professionals but will greatly benefit:

  • Construction Project Managers
  • Cost Estimators
  • Contract Administrators
  • Owners and Developers
  • Construction Executives and Leaders
Course Outline
Day 1

Introduction to Construction Accounting and Financial Management

  • Welcome and course overview
  • Importance of financial management in construction
  • Overview of construction industry
  • Key financial terms and concepts
  • Introduction to construction accounting principles
  • Types of construction projects and contracts
  • Basics of revenue recognition in construction
Day 2

Financial Statements in Construction

  • Understanding financial statements
  • Income statement, balance sheet, and cash flow statement
  • Ratio analysis for construction companies
  • Budgeting and forecasting in construction
  • Variance analysis and performance measurement
  • Cash flow management in construction
Day 3

Cost Accounting in Construction

  • Cost estimation in construction
  • Job costing and cost allocation
  • Overhead allocation methods
  • Direct vs. indirect costs
  • Cost control and cost monitoring techniques
  • Activity-based costing in construction
Day 4

Risk Management and Compliance in Construction Finance

  • Identifying and managing financial risks in construction
  • Insurance and bonding in construction projects
  • Legal and regulatory compliance
  • Financial compliance and reporting
  • Tax planning for construction companies
Day 5

Capital Budgeting and Financing in Construction

  • Capital budgeting techniques
  • Evaluating investment opportunities
  • Financing options for construction projects
  • Project financing and funding sources
  • Financial decision making in construction
  • Final project and review
  • Q&A session
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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