Smoak Allen Earns the CCIFP Designation in Construction Accounting
Originally published on January 7, 2022
Updated on August 16th, 2022
Smoak Allen, a CPA and manager at James Moore & Co., P.L. (James Moore), is now among the most highly qualified construction financial professionals in the industry, having recently earned the Certified Construction Industry Financial Professional (CCIFP) designation. According to the Certification Division of the Construction Financial Management Association (CFMA), the CCIFP designation is “the only construction financial management certification accredited by the ANSI National Accreditation Board (ANAB).”
“The CCIFP designation demonstrates a commitment to excellence in the construction industry and establishes our firm as valuing and maintaining the highest possible standard of knowledge and competence,” says Allen. “It allows us to have a deeper understanding of the construction industry, over and above accounting alone—which ultimately allows us to better serve our clients.”
Allen joins an exclusive group of over 1,150 professionals nationwide who have met the rigorous standards of the CCIFP designation in the practice of construction financial management. He has a proven record of accomplishment, experience, and success, and is now counted among the most highly qualified construction financial professionals in the industry.
The CCIFP is the only standard to recognize those financial professionals with a superior understanding of the construction industry’s financial opportunities and challenges. To earn the designation, candidates must serve in a professional financial role for a construction contractor or an accounting and/or financial service provider to the industry and pass a comprehensive exam. To maintain their Certification, CCIFPs are required to adhere to a Code of Ethics and complete ongoing continuing education in the field of construction financial management.
The CCIFP exam covers accounting and reporting, income recognition, budgeting and planning, risk management, taxes, human resources, legal issues, and information technology. This designation has garnered endorsements from the Construction Financial Management Association (CFMA), Construction Industry CPAs/Consultants Association (CICPAC), International Risk Management Institute (IRMI), National Association of Surety Bond Professionals (NASBP), and other well-respected construction industry groups.
Allen has nearly ten years of professional experience and serves our firm’s construction clients in the areas of financial reporting, restructuring, transition/exit planning, surety bonding, FDOT prequalification and reporting, and FDOT overhead. Having previously worked at a construction firm and as a real estate agent, he has a thorough understanding of industry terminology and operations—critical knowledge that he brings to the table for his clients at James Moore.
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