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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
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

Course Summary

The Construction Accounting and Financial Management training course provides professionals in the construction industry with a comprehensive understanding of financial principles tailored to the unique dynamics of the sector. Participants explore fundamentals of construction finance, strategic decision-making, risk management, and digital tools that enhance financial performance within projects and organisations. This course equips delegates with the financial knowledge and competencies needed to make informed decisions, optimise financial outcomes, and strengthen their contribution to project success.

Throughout five days of focused instruction, participants analyse financial statements, cost accounting approaches, capital budgeting decisions, and risk and compliance issues specific to construction. Emphasis is placed on applying financial frameworks that support operational efficiency, cost control, and strategic planning. The Construction Accounting and Financial Management training course prepares professionals to lead financial planning and monitoring initiatives that improve profitability and sustainable performance in construction environments.

Skills & Competencies

From this Construction Accounting and Financial Management training course, participants will develop the following key skills and competencies:

  • Financial fundamentals for construction projects
  • Strategic cost estimation and control
  • Analysis of construction financial statements
  • Risk and compliance management skills
  • Capital budgeting and financing proficiency
  • Application of digital financial tools

Key Learning Outcomes

At the end of Construction Accounting and Financial Management training course, you will learn to:

  • Understand core construction accounting principles.
  • Interpret financial statements and analysis for construction companies.
  • Apply cost allocation and cost control techniques effectively.
  • Manage financial risks and compliance requirements.
  • Make capital budgeting and financial decisions for construction projects.

How You Will Learn

Participants will develop financial management understanding through structured exploration of construction-specific accounting concepts, scenario analysis, and practical frameworks. Emphasis is placed on reinforcing technical financial knowledge with hands-on exercises and interactive discussions that enhance financial decision-making capabilities within construction environments.

Who should Attend?

This course is designed for professionals involved in financial, project, and operational roles within the construction industry who seek to strengthen their financial management capabilities.

This 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

This day introduces participants to the fundamentals of construction accounting and financial management, including industry context and key financial concepts specific to construction. The topics covered will include:
  • 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

This day focuses on understanding and analysing key financial statements used in construction organisations, including ratio analysis and cash flow management. The topics covered will include:
  • 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

This day explores cost accounting techniques, cost allocation methods, and cost control strategies essential for construction project financial success. The topics covered will include:
  • 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

This day examines how to identify and manage financial risks, including insurance, regulatory compliance, and financial reporting requirements. The topics covered will include:
  • 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

This day focuses on capital budgeting techniques and financing options to support investment decisions and long-term financial planning for construction organisations. The topics covered will include:
  • 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
Related Categories
Construction Management
Related Certificates
NASBA

Customisation & In-House Delivery

Delivering this course in-house allows organisations to align financial management principles with specific construction project challenges and strategic goals. Customisation supports teams in strengthening cost control, reporting accuracy, and financial performance in ways that directly reflect organisational priorities and practices.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Construction Accounting and Financial Management training course:

  • Enhanced financial oversight and accountability
  • Improved cost control and project profitability
  • Stronger financial planning and budgeting capability
  • Greater compliance with industry financial standards
  • Increased confidence in financial decision-making
  • Strengthened strategic construction finance leadership
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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.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

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.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

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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