Understanding MFR's and QBCC Licensing

Compliance is not a formality - it's essential

This course looks at the Queensland Building and Construction Commission (QBCC) Minimum Financial Requirements (MFR's) and licensing requirements. In the construction industry compliance is no mere formality - it's an essential part of doing business in Queensland. This three-and-a-half-hour workshop is led by building and construction accountancy experts, who will guide you through the intricacies of QBCC MFR requirements to help you sidestep potential pitfalls and penalties.

This livestream workshop is one of three workshops in our new financial series. Its recommended that construction and trade businesses complete all three to get a better understanding of navigating the myriad of compliance obligations. All three courses are stand-alone courses and participants can opt to complete one, two or all three.

CSQ funding for small businesses now available.^

For funding information, see Course Details below or contact us (eligibility applies).

Phone 1300 13 60 02 Enquire now

Three-part financial series

The three-part series aims to cover the critical commercial and accounting foundations operators need to be on top of in order to survive and thrive. The other two courses in the series are Financial Basics for Construction and Construction Business Risks. By the end of this three-part series, attendees will be equipped with the comprehensive knowledge needed to not only meet compliance requirements but also to excel in the financial and risk management aspects of running a successful building and construction business.

All three courses are stand-alone courses and participants can opt to complete one, two or all three.

Why enrol?

Queensland has some of the most complex licensing requirements in the nation and this three-and-a-half-hour workshop will guide you through the QBCC MFR requirements and what you need to do to avoid penalty, including calculating ratio, tangible assets, and maximum revenue.

Course outline

This livestream, interactive workshop will cover

Licensing penalties
Contractual requirements
What is the Minimum financial requirement for QBCC licensing?
Calculating current ratio and nett tangible assets
What are nett tangible assets?
What is maximum revenue?
Work in progress for Minimum financial requirement

Enrol in an upcoming date

Choose a date and venue that suits you by choosing whether you're eligible for a funded option or members can take advantage of our member price. Not sure which to choose or no dates that suit? Give us a call on 1300 13 60 02 for assistance or to register your interest for the next course date in your area.

Funded

If you are eligible for Queensland Government funding, choose from the below course options to book. The funded price for eligible members and non-members is $70 (Inc. GST). Check to see if you're eligible for funding or call us on 1300 13 60 02.

^CSQ contributes towards the cost of this course under the small business program (subject to funding availability and eligibility criteria).

Non-funded: member

If you are not eligible for Queensland Government funding but are a Master Builders member, choose from the below course options to book. The full price for the members course is $250 (Inc. GST). Check to see if you're eligible for funding, or call us on 1300 13 60 02.

Non-funded: non-member

If you are not eligible for Queensland Government funding and are not a Master Builders member, choose from the below course options to book. The full price for non-members course is $270 (Inc. GST). Check to see if you're eligible for funding or call us on 1300 13 60 02.

Course details

Duration	Three-and-a-half-hours (3.5)
Delivery	Livestream online interactive workshops
Cost	Full course price: Member: $270 (Inc. GST) Non-member: $250 (Inc. GST) Funded course price: $70 (Inc. GST) subject to Queensland Government eligibility^ CSQ provides funding to reduce the financial obstacle to training, making upskilling an affordable option for many more individuals in the construction industry. ^CSQ contributes towards the cost of this course under the small business program. Eligibility criteria applies – enrolling student must be a small business owner or employee of a building and construction business (directly involved in the administrative day-to-day running of the business). A small business is defined as less than 20 employees in the building and construction industry. Find out more information on funding or call 1300 136 002 to check your eligibility and to enrol.
Outcome	This is not a Nationally Recognised Training course. You will receive a Statement of Completion.