Certification

Certified Construction Industry Financial Professional (CCIFP)

Construction Financial Management Association

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The Certified Construction Industry Financial Professional (CCIFP) premier designation recognizes only those professionals with all-encompassing bodies of knowledge, competency, and ethical behavior. The CCIFP designation demonstrates a high level of competence in all areas of construction financial management

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Skills taught

Apply construction accounting standards and financial reporting methodsManage receivables, leases, equipment, and subcontractor payables in constructionApply revenue recognition including percentage-of-completion for construction contractsManage contract costs, change orders, and changes in estimatesConduct strategic planning, capital budgeting, and cash management for construction firmsManage construction-related risk including insurance and suretyApply tax accounting methods specific to the construction industryManage compensation, employee benefits, and labor law compliancePrepare and review construction contracts, subcontracts, and purchase ordersManage construction management platforms, cybersecurity, and IT implementation
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