Project Managers Guide to Accounting Practices, Cost Controls and Financial Reports

Course dates: 2026: Mar. 3, 4 & 5 | Jun. 9, 10 & 11 | Nov. 17, 18 & 19

3 Half-day Interactive Sessions (Live Online)

Gold Seal Accredited: Earn 4 Gold Star Credits

Financial Mastery for Project Managers

Lead Projects with Confidence—and Clarity

Successful projects aren’t just delivered on time—they’re delivered with strong financial oversight, clear communication, and cost-conscious leadership. If you’re a project manager, coordinator, or field supervisor aiming to sharpen your financial know-how, this course connects the dots between project execution and accounting performance.

Led by Wayne Newell, a seasoned expert with over 35 years in finance and construction, Financial Mastery for Project Managers empowers you to lead with greater insight and make better-informed decisions at every phase of the project lifecycle.

This isn’t just a sit-and-listen course. Expect interactive sessionsreal-world discussions, and tools you can immediately apply.

What You’ll Learn

This practical course equips you with the core financial and strategic skills needed to manage complex projects with control and confidence.

Project Management Essentials

  • Understand the financial responsibilities of the entire project team
  • Align project execution with organizational strategy

Industry Risks & Realities

  • Navigate unique construction challenges and contract types
  • Tackle productivity dips, labour shortages, and overhead inefficiencies

Cost Control & Financial Reporting

  • Master revenue recognition, cost accruals, and cash flow forecasts
  • Learn to develop receivables strategies and assess asset acquisitions

Accounting Foundations

  • Grasp the essentials of GAAP and common financial terminology
  • Build confidence when reviewing or discussing financial statements

Labour & Productivity Insights

  • Break down labour as a cost driver
  • Explore recruiting strategies for young workers, immigrants, and women in trades

Strategic Risk & Close-Out Management

  • Minimize risk through overhead control and cost forecasting
  • Learn to close out projects smoothly—with accurate reports and fewer surprises

Why This Course Matters

Construction project managers are often caught between on-site demands and back-office expectations. This course helps bridge that gap, enabling you to:

  • Make sound financial decisions
  • Communicate more effectively with accounting teams
  • Minimize unnecessary costs and increase overall profitability
  • Lead projects that deliver beyond just scope and schedule

Who Should Attend?

  • This course is ideal for construction professionals ready to level up their financial and strategic leadership:
  • Project Managers looking to boost profitability
  • Coordinators & Estimators refining their financial toolkit
  • Field Supervisors & Department Heads seeking operational clarity
  • Gold Seal Candidates building a competitive edge
  • Senior Managers & Owners aiming for scalable, sustainable growth
  • If you influence project outcomes, financial decisions, or team performance—this course is for you.

What Sets This Course Apart?

  • Led by Wayne Newell
    Leverage over three decades of expertise in construction finance and operations.
  • Action-Oriented & Real-World Focused
    Leave with strategies you can apply on your current projects—not just theoretical knowledge.
  • Professional Growth & Recognition
    Earn 4 Gold Seal Credits while gaining insights that benefit your team and your bottom line.

Drive smarter decisions. Lead stronger teams. Deliver more profitable projects.

This is the course that equips you with the financial fluency today’s construction leaders need.

About the Trainer

Meet the Instructor

Wayne Newell has more than 35 years of financial and operational experience in construction, service, and manufacturing. A Certified Management Accountant since 1972, Wayne has trained over 4,000 professionals across Canada, the U.S., and the Caribbean. His workshops are grounded in practical solutions and delivered with clarity and impact.

Ready to turn your role into a results-driver?

Whether you’re leading projects, managing teams, or preparing for the next step in your career, Wayne Newell’s courses deliver practical strategies that drive real improvements.

From profitability and financial management to operational efficiency, every course is designed to help construction professionals lead with clarity, confidence, and measurable impact.

Explore the full range of training options and find the right course to support your professional growth and your company’s success.

Questions about this Course or Others?

Reach out now

Contact Form Demo