{"product_id":"introduction-to-aec-financial-foundations","title":"Introduction to AEC Financial Foundations","description":"\u003ch4\u003e\n\u003cstrong\u003eNOTE: Add this course to your cart and check out to create your account and take this course.\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCOURSE OVERVIEW\u003c\/strong\u003e\n\u003c\/h4\u003e\n\u003cdiv class=\"OutlineElement Ltr SCXW263842030 BCX8\"\u003e\n\u003cdiv class=\"OutlineElement Ltr SCXW235607322 BCX8\"\u003e\n\u003cdiv class=\"OutlineElement Ltr SCXW251800349 BCX8\"\u003e\n\u003cp class=\"Paragraph SCXW251800349 BCX8\"\u003eThis 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. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"ListContainerWrapper SCXW251800349 BCX8\"\u003e\n\u003cul class=\"BulletListStyle1 SCXW251800349 BCX8\" role=\"list\"\u003e\n\u003cli role=\"listitem\" class=\"OutlineElement Ltr SCXW251800349 BCX8\"\u003e\n\u003cp class=\"Paragraph SCXW251800349 BCX8\"\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eIdentify the stages of the AEC cash flow cycle and explain how WIP and accounts receivable affect liquidity. \u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli role=\"listitem\" class=\"OutlineElement Ltr SCXW251800349 BCX8\"\u003e\n\u003cp class=\"Paragraph SCXW251800349 BCX8\"\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eDifferentiate between cash‑basis and accrual‑basis accounting and evaluate when each method is appropriate for AEC firms. \u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli role=\"listitem\" class=\"OutlineElement Ltr SCXW251800349 BCX8\"\u003e\n\u003cp class=\"Paragraph SCXW251800349 BCX8\"\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eInterpret leadership‑focused income statements and balance sheets to assess profitability, liquidity, and financial risk. \u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli role=\"listitem\" class=\"OutlineElement Ltr SCXW251800349 BCX8\"\u003e\n\u003cp class=\"Paragraph SCXW251800349 BCX8\"\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eExplain how revenue quality, staffing, and contract terms influence sustainable profitability in AEC firms. \u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eDURATION:\u003c\/strong\u003e One Hour\u003cbr\u003e\u003cstrong\u003eFORMAT:\u003c\/strong\u003e On-Demand\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGROUP TRAINING OPTIONS:\u003c\/strong\u003e Do you have a group of individuals who would benefit from this course? \u003ca rel=\"noopener\" href=\"mailto:customerservice@psmj.com\"\u003eContact us\u003c\/a\u003e for details on special group pricing and other options to make team learning easy and affordable!\u003c\/p\u003e\n\u003cp style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in 12.0pt 0in;\"\u003e\u003cspan style=\"font-size: 10.5pt; font-family: 'Segoe UI',sans-serif; color: #212b36;\"\u003eFor more information, please contact our education team at (617) 965-0055 or\u003cspan\u003e \u003c\/span\u003e\u003ca href=\"mailto:education@psmj.com\"\u003eeducation@psmj.com\u003c\/a\u003e.\u003c\/span\u003e\u003c\/p\u003e","brand":"PSMJ Resources","offers":[{"title":"Default Title","offer_id":46130181439624,"sku":"Introduction to AEC Financial Foundations","price":75.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/psmj-resources.myshopify.com\/products\/introduction-to-aec-financial-foundations","provider":"PSMJ Resources","version":"1.0","type":"link"}