Final Account Clauses and Challenges
Final Account Clauses and Challenges CPD Programme
2 formal CPD hours,
Total Course Fee: £29 per year
Introduction
Although they are a valuable asset to the construction industry, contracts aren’t without fault. A common issue that many within the industry face is final account clauses. There are multiple challenges that can arise from the final account clause, and to give your business the best chance for success, you need to know how to face these challenges effectively. In layman’s terms, a final account is used to determine the final balance due between two parties. This CPD in final account clauses and challenges fill help you identify challenges and mitigate their impact.
Within this final account clauses and challenges CPD course you will look at both challenges and risk management techniques. Some of the challenges covered includes: contractual timetables, valuation calculations and valuation clarity. Once the challenges have been established, we then cover risk management techniques. This includes consistent administration, responding to requests quickly and effectively and clear and concise presentation of accounts.
CPD Hours
The use of standard form contracts within construction is not a new concept. Construction contracts are an established process that really simplify previously complicated practises. In order to maximise the outcome of the use of a standard form of contract, you want to ensure your capabilities remain current. Taking a CPD course in final accounts can help you do just that.
CPD courses at the College of Contract Management have been designed to make study that suits a working schedule. Our short form CPD qualifications are hosted online, and come pre-recorded. This enables you to access the information you need, from the comfort of your own home at a time that suits you.
Once you have enrolled in the course, you will receive access to our student portal, Moodle. Within Moodle you will be able to access course recordings as well as communicate with lecturers and fellow students, should you wish. Once you have completed the course you will be awarded with a certificate of completion, without needed to sit an assessment.
Successful outcomes
Finally, by the end of this course you will:
- Understand the challenges you may face when using final account clauses
- Gain a wide range of strategies to help mitigate the impact of risks
- Be able to implement final causes successfully
- Have a greater understanding of the application of standard form contracts
- Have access to our student portal, Moodle
- Gain qualification without assessment
- Enhance your career through the study of a short form course
