Contractors are risk takers and entrepreneurs in the purest form and deal with complex revenue recognition rules and job cost accounting methods daily. Success in this industry can be difficult without dedicating significant resources. Owners are experienced women and men who rely heavily on their CFOs to successfully navigate an industry that becomes more complex each year. CFOs are tasked with making necessary decisions and adjustments to almost every aspect of the construction business. They are, in effect, the bridge between the plans and the final product. 

Likewise, those in public accounting are tasked with verifying the accuracy of financial statements upon which the banking, surety, and insurance industries rely. Your professional reputation is at stake every time an audit report is submitted with a loan, bond or prequalification form. Savvy CFOs and owners are now looking to be certain they have the most qualified firm acting as their business partner.

The CCIFP designation is ANSI-accredited (ISO 17024:2012) and still the industry’s only certification focused solely on the unique construction financial management body of knowledge. Individuals who earn the coveted CCIFP designation receive third-party verification of their competency in accounting and reporting, income recognition methods and six additional knowledge domains directly related to construction. In fact, the number of women who have accepted the challenge to further distinguish themselves within the industry continues to grow annually. 

Here are some quick links to answer your FAQs:

If you are in public accounting, click here to see firms that have construction practices with CCIFPs on staff

Click here to search for individuals with the CCIFP designation by company, city and/or state.

Download our white paper "What to look for in a construction CPA firm" to determine if you have the best business partner available and, for those in public practice, see how your firm compares to the top firms with construction practices.