Home
0
Home
Use Landscape to see Search/Filter
Item Types:
Field of Study:
Authors:
CPE Hours:
Keyword:
Hide left panel Collapse Menu
Show left panel
Recent Searches
No recent searches found.
Recent Searches
No recent searches found.
Course Details

Project Accounting (Course Id 681)

New / QAS / Registry   Add to Cart 
Author : Steven Bragg, CPA
Status : Production
CPE Credits : 3.0
IRS Credits : 0
Price : $29.95
Passing Score : 70%
Primary Subject-Field Of Study:

Accounting - Accounting and Auditing for Course Id 681

Description :

Project Accounting describes the role of the accountant in designing a cost collection system for a project, charging expenses to it, and measuring the amount of revenue to be recognized. The course also addresses the management of change orders, allowances, and contingencies, while noting the impact of GAAP requirements on specific project issues, including interest capitalization and the treatment of research and development costs. The controls and measurements used for projects are also discussed.

Usage Rank : 0
Release : 2014
Version : 1.0
Prerequisites : None.
Experience Level : Overview
Additional Contents : Complete, no additional material needed.
Additional Links :
Advance Preparation : None.
Delivery Method : Self-Study
Intended Participants : Anyone needing Continuing Professional Education (CPE).
Revision Date : 17-Dec-2014
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA QAS - NASBA Registry - 681

Keywords : Accounting, Project, Accounting, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

    Identify the key characteristics of a project.
    Note the pricing calculation methods for project contracts, as well as the issues associated with the different profit recognition methods.
    Recognize the different types of direct costs associated with a project, as well as the costs incurred to obtain a contract.
    Note the circumstances under which allowances are included in a project budget.
    Recognize the circumstances under which interest is capitalized.
    Identify the circumstances under which the costs associated with internal-use software development and website development should be capitalized or charged to expense.
    Note the controls related to the assignment of costs and the calculation of the percentage of completion.
    Identify the contents of the formulas associated with the analysis of projects.

Chapter 1
Overview of Project Accounting

Identify the key characteristics of a project.

Chapter 2
Project Pricing, Billing and Revenue

Note the pricing calculation methods for project contracts, as well as the issues associated with the different profit recognition methods.

Chapter 3
Project Costs

Recognize the different types of direct costs associated with a project, as well as the costs incurred to obtain a contract.

Chapter 4
Project Cost Management

Note the circumstances under which allowances are included in a project budget.

Chapter 5
Interest Capitalization

Recognize the circumstances under which interest is capitalized.

Chapter 6
Additional Project Accounting Topics

Identify the circumstances under which the costs associated with internal-use software development and website development should be capitalized or charged to expense.

Chapter 7
Project Controls

Note the controls related to the assignment of costs and the calculation of the percentage of completion.

Chapter 8
Project Measurements

Identify the contents of the formulas associated with the analysis of projects.
Course Contents :

Chapter 1 - Overview of Project Accounting

The Project

The Project Accountant

Chapter 2 - Project Pricing, Billing and Revenue

Project Pricing Methodologies

Cost Plus Pricing

Fixed Fee Pricing

Contractual Modifiers

Progress Billings

Project Revenue Recognition

Output Methods

Input Methods

Change in Estimate

Progress Measurement

Percentage of Completion Method

Completed Contract Method

Contract Modifications

Treatment as Separate Contract

Treatment as Continuing Contract

Entitlement to Payment

Measurement of Progress Completion

Chapter 3 - Project Costs

Project Costs

Direct Costs

Overhead Costs

Capitalized Interest

Costs to Obtain a Contract

Information Organization and Presentation

Information Recordation

Separate Spreadsheet

Separate General Ledger / Subledger Accounts

Separate Accounting Module

Information Collection

Chapter 4 - Project Cost Management

Progress Monitoring

Cost Variance Reporting

Change Order Management

Allowance Management

Contingency Management

Budget Accuracy

The Sunk Cost Consideration

Chapter 5 - Interest Capitalization

Overview of Capitalized Interest

When to Capitalize Interest

The Interest Capitalization Period

The Capitalization Rate

Calculating Interest Capitalization

Chapter 6 - Additional Project Accounting Topics

Asset Impairment

Research and Development Costs

Internal-Use Software

Website Development Costs

Chapter 7 - Project Controls

Controls for Cost Plus Pricing Arrangements

Controls for Fixed Fee Pricing Arrangements

Controls for Internal Projects

Chapter 8 - Project Measurements

Cost Variance

Net Present Value

Breakeven Analysis

Return on Assets

Free Cash Flow

Glossary

Accounting Course 681 Home: https://www.cpethink.com/qas-cpa-courses
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
  
Exam completed on .

Do you want to add the course again?