Financial Management in Construction Industry

 

Date : November 14 – 15 ,2018 @ ZOHL Consultancy Sdn Bhd

Overview : Good financial management is essential in the building industry, no matter how big or small your business. It is important to take a ‘handson’ approach to financial management. While your bookkeeper or an accountant can set up systems and produce reports, as the owner of the business you must be able to read and interpret them, and you should understand how your decisions impact on the financial condition of your business. Managing your cash is vital to ensuring a secure future, both for you and your business. Without proper financial planning and monitoring, your business is unlikely to be successful. In order to maintain a viable business you need to have access to key financial information to help you estimate and forecast current and future cash flow, as well as control expenditure.