Financial Aspects of Business Contracts

A required course in the Contract Management Certificate Program.

Learn to evaluate a potential supplier’s or customer’s financial stability and ability to meet contractual and financial commitments through use of balance sheets and income statements. Gain knowledge on structuring contract cash flows through invoice timing, pricing, overhead considerations, advance payments, letters of credit as well as available financial funding sources. Obtain knowledge of accounting systems, budgeting, reporting, auditing, and settlements used in industry, as well as how to enhance the profitability of your business through prudent contracting financial practices.

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