Construction Accounting and Job Costing 2 hours – SRA0005

Accounting terms and concepts for contractors, job costing, overhead analysis, job vs. direct costs, balance sheets, profit & loss statements, important IRS forms such as W-2s and 1099s, file organization, record retention, dealing with IRS audits, ownership structure, and distinguishing between employees and subcontractors, including applicability of workers comp coverage. Instructor: Karen Mitchell, CPA, Online Accounting. Author of “The Organized Contractor”, “The Contractor’s Guide to Quickbooks Pro”, and “Construction Forms for Contractors.”