Certified Construction Accountant (CCA)

(3-Month Online Certification Program)

Promoted by: Association of Accounting and Finance Expertise (AAFE)
Mode: 100% Online (Live + Recorded + Practical Assignments)
Duration: 12 Weeks (3 Months)
Eligibility: B.Com / M.Com / MBA / CA Inter / CMA Inter / Working Professionals / Construction Industry Staff

1️⃣ PROGRAM OVERVIEW

The Certified Construction Accountant (CCA) program is a specialized, industry-oriented certification designed to develop expertise in construction project accounting, contract management, cost control, taxation, compliance, and financial reporting specific to the construction and infrastructure sector.

This program bridges the gap between traditional accounting education and real-world construction finance requirements.

2️⃣ PROGRAM OBJECTIVES

After completing this certification, participants will be able to:

✔ Understand construction industry accounting standards
✔ Manage contract accounting (EPC, BOQ, turnkey projects)
✔ Apply Percentage of Completion Method (POCM)
✔ Prepare project-wise financial statements
✔ Control project cost and budgeting
✔ Handle GST, TDS & compliance in construction sector
✔ Manage payroll and labour compliance
✔ Perform financial analysis of construction projects
✔ Use accounting software for construction accounting

3️⃣ PROGRAM STRUCTURE (12 WEEKS)

📘 MONTH 1: FOUNDATION OF CONSTRUCTION ACCOUNTING

Week 1: Introduction to Construction Industry

• Nature of construction business

• Types of contracts (Lump sum, Cost-plus, EPC, BOQ)

• Project lifecycle

• Revenue recognition basics

Week 2: Construction Accounting Principles

• AS 7 / Ind AS 115 (Revenue Recognition)

• Percentage of Completion Method

• Contract costing

• Work-in-progress (WIP) accounting

• Retention money accounting

Week 3: Project Budgeting & Cost Control

• Project budgeting techniques

• Cost allocation methods

• Direct vs indirect cost

• Overhead absorption

• Cost variance analysis

Week 4: Site Accounting & Documentation

• Material accounting

• Labour cost tracking

• Equipment cost tracking

• Petty cash management

• MIS reporting

Assessment 1: Online Test + Case Study

📘 MONTH 2: TAXATION, COMPLIANCE & SOFTWARE

Week 5: GST in Construction Industry

• GST applicability in works contract

• Input tax credit rules

• Reverse charge mechanism

• E-invoicing & compliance

• Filing GST returns

Week 6: TDS & Other Compliance

• TDS on contractor payments

• Labour law compliance

• PF & ESIC basics

• Professional tax

• Statutory registers

Week 7: Payroll & Labour Accounting

• Wage calculation

• Contract labour accounting

• Sub-contractor billing

• Attendance management

• Payroll software overview

Week 8: Accounting Software for Construction

• Tally with Construction Features

• Project accounting in ERP

• Cost centre & cost category

• Practical demo sessions

Assessment 2: Practical Assignment + Software Test

📘 MONTH 3: ADVANCED PROJECT FINANCE & ANALYSIS

Week 9: Contract Accounting & Billing

• Running account bills (RA bills)

• Escalation clauses

• Claims & variation accounting

• Joint venture accounting

Week 10: Financial Reporting & Analysis

• Project-wise P&L

• Balance Sheet preparation

• Cash flow statement

• Fund flow analysis

• Ratio analysis in construction

Week 11: Risk Management & Internal Controls

• Fraud risks in construction

• Internal audit process

• Budget monitoring

• Project financial risk assessment

Week 12: Capstone Project

• Live project accounting simulation

• Complete project accounting cycle

• Financial reporting submission

• Viva voce (online)

Final Assessment:
✔ Capstone Project
✔ Viva Interview
✔ Final Examination

4️⃣ TEACHING METHODOLOGY

• Live interactive classes (3 days per week)

• Recorded backup sessions

• Real construction case studies

• Software-based practical training

• Assignments & quizzes

• Industry guest lectures

• Capstone project

5️⃣ CERTIFICATION CRITERIA

To earn the Certified Construction Accountant (CCA) designation:

✔ Minimum 75% attendance
✔ 50% marks in all assessments
✔ Successful completion of Capstone Project

Certificate Issued By:
Association of Accounting and Finance Expertise (AAFE)

6️⃣ PROGRAM FEATURES

• Industry-focused curriculum

• Practical exposure

• Real case studies

• Placement assistance support

• Lifetime alumni membership (AAFE)

• Digital certificate + Transcript

7️⃣ TARGET CAREER ROLES

After certification, participants can work as:

• Construction Accountant

• Project Accountant

• Site Accountant

• Billing Executive

• Cost Controller

• Finance Executive (Construction)

• Accounts Manager (Infrastructure Projects)