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Financial Aspects of Business Contracts

Brian J. Gatus, MBA, CPCM, CPSM

This course will help you to gain knowledge on structuring contract cash flows through invoice timing, pricing, overhead considerations, advance payments, letters of credit as well available financial funding sources. Obtain knowledge of accounting systems, budgeting, reporting, auditing and settlements used in industry, and how to enhance the profitability of your business through prudent contracting financial practices.

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This course will help you to gain knowledge on structuring contract cash flows through invoice timing, pricing, overhead considerations, advance payments, letters of credit as well available financial funding sources. Obtain knowledge of accounting systems, budgeting, reporting, auditing and settlements used in industry, and how to enhance the profitability of your business through prudent contracting financial practices.

This course is a part of the Procurements & Contract Management Certificate which includes:

  • Determine the costs for each contract
  • Understand how a business functions financially
  • Understand how pricing decisions are made for a specific commodity, including market versus cost-based pricing decisions; methodologies used in the development of cost analysis studies; and life cycle costing
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