Accountant's Guide to Project Management

A construction project’s success relies on the whole team working together—including accountants. This course bridges the gap between accounting expertise and the on-the-ground demands of construction, helping accountants understand how their work directly impacts project outcomes.

You’ll explore how project managers operate, what drives key decisions, and how solid accounting practices like accurate costing, cash flow forecasting, and financial reporting support stronger project delivery. By the end, you’ll have tools and insights to reduce risk, improve collaboration, and strengthen your company’s bottom line.

Topics

• Roles and responsibilities of project managers vs. accountants
• Contract types and how they affect revenue, cost accruals, and financial reporting
• Job costing, labour cost drivers, and causes of productivity loss
• Forecasting project cash flows and costs at completion
• Managing receivables, fixed asset purchases, and overhead control
• Tackling labour shortages, risk management, and team culture
• Reviewing job cost reports and conducting post-project evaluations

Accountants, finance staff, and admin professionals who want to better understand construction project dynamics, strengthen teamwork with PMs, and help drive more successful, profitable projects.

Wayne Newell, Wayne Newell Management & Seminar Services

Wayne has over 35 years of experience in financial and operational management across construction, manufacturing, and service sectors in Canada, the U.S., and the Caribbean. A CMA since 1972, Wayne has trained more than 4,000 construction professionals in the past 20+ years. His courses are known for being clear, relevant, and results-focused, helping contractors improve performance and profitability.

Wayne mentors owners, managers and employees on how best to perform and lead their companies. They learn ways to save money and time, leading to improved cash flow, reduced costs and higher profits.

WCA Cancellation Policy

WCA will provide a full refund or education credit equal to the amount paid for the course if registration is cancelled five (5) full business days prior to the course start date. Payment is non-refundable for cancellations made within five (5) full business days of the course start date and there will be no transfers to future course dates.

Complimentary substitution of another member of your company/team is welcome right up until the course start time for no additional fee. Please email us at wcaeducation@winnipegconstruction.ca if you require a substitution.