Training and Certifications

TPC Training and Certifications

ASCE LEADERSHIP DEVELOPMENT FOR ENGINEERS
Presented by the American Society of Civil Engineers
Wednesday, March 29 and Thursday March 30, 8:00a.m. - 5:00pm

This seminar will guide you through the steps required to become a successful leader in an engineering organization. You will recognize the need for honing not only your technical but also your leadership skills. You will understand the differences in and the need for the art of leadership and the discipline of management. You will be introduced to important leadership philosophies and powerful tools and have the opportunity to apply many of them in the seminar setting.

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ASCE FINANCIAL MANAGEMENT FOR THE PROFESSIONAL ENGINEER
Presented by the American Society of Civil Engineers
Saturday, April 1, 8:00a.m. - 5:00pm

We will explore the ins and outs of the income statement, company budgeting and the financial aspects of project management. Learn the difference between cash basis versus accrual basis revenue and expense recognition methods (and when, and when not, to use each method). Understand gross revenue, net service revenue, direct expenses and reimbursements. Learn how overhead is determined and how it applies to individual projects. Come to grips with establishing a company budget. Of the four possible types of company budgets any firm may choose to do, find out which of the four is absolutely crucial. Become proficient in extracting and then using key financial measurements such as the effective multiplier, breakeven overhead rate, target billing multiplier and labor utilization percentage. Find out how to create a no nonsense financial instrument dashboard for your firm that will allow you to efficiently, effectively and confidently follow and manage your practice. Understand the link between firm financial operations and project management. See how to relate companywide financial performance down to any individual project in your office, or to relate any individual project, or group of projects, back to the company statement. Find out why traditional profit center accounting by department or office - all the rage at larger firms - is generally a bad idea. Discover new ways to increase cash flow - the lifeblood of any organization.

We will also delve into the intricacies of the balance sheet, concepts of firm valuation and ownership transition. Items of income and expense are recorded on a company’s income statement. The balance sheet reflects capital transactions, assets, liabilities and shareholders equity. Understand the nature and differences between short term and long term assets and liabilities. Learn how to extract and use key balance sheet indicators such as current ratio, debt to worth and working capital. Become comfortable with accounting terms such as leverage, capitalization, off balance sheet financing and liquidity. Gain insight as to what to look for when reading any firm’s annual report from its outside accountants. Discover how and when you should just say no to your bank when they require the shareholders to personally guarantee loans made to the company. Examine various concepts for determining firm value and why a firm can be worth more or less depending on choices made years before you ever attempt to sell. Learn why ownership transition is very much more than just moving dollars around - that is the easy part. Go through the pros and cons of an inside sale versus a sale to outsiders.

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