Introduction to AEC Financial Foundations

This course provides an overview of the AEC financial model, emphasizing how revenue, expenses, work-in-process (WIP), and cash flow interact over the life of a project. Participants examine the AEC cash flow cycle, the structure and purpose of income statements and balance sheets, and the differences between cash‑basis and accrual‑basis accounting. The course also introduces five core profitability truths that explain why not all revenue contributes equally to firm health, how cash discipline supports growth, and how contracts and staffing decisions affect long‑term financial performance.