Construction Accounting & Financial Management

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Publisher : Pearson Higher Ed
ISBN 13 : 1292054875
Total Pages : 281 pages
Book Rating : 4.72/5 ( download)

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Book Synopsis Construction Accounting & Financial Management by : Stephen Peterson

Download or read book Construction Accounting & Financial Management written by Stephen Peterson and published by Pearson Higher Ed. This book was released on 2013-10-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: For all courses in construction accounting and construction finance, and for courses in engineering economics taught in construction management programs. This book helps construction professionals and construction management students master the principles of financial management, and adapt and apply them to the challenge of profitably managing construction companies. It integrates content that has traditionally been taught through separate accounting, finance, and engineering economics texts. Students learn how to account for a construction company’s financial resources; how to manage its costs, profits, and cash flows; how to evaluate different sources of funding a company’s cash needs; and how to quantitatively analyze financial decisions. Readers gain hands-on experience through 220 example problems and over 390 practice problems, many of them based on situations actually encountered by the author. This edition adds more than 100 new discussion questions, and presents financial equations and accounting transactions more visually to support more intuitive learning.

Accounting and Financial Management for Residential Construction

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Publisher : Builderbooks
ISBN 13 : 9780867186352
Total Pages : 0 pages
Book Rating : 4.56/5 ( download)

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Book Synopsis Accounting and Financial Management for Residential Construction by : Emma Shinn

Download or read book Accounting and Financial Management for Residential Construction written by Emma Shinn and published by Builderbooks. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shinn provides detailed information on how an accounting system operates and the basic principles for processing financial data. This fifth edition includes the updated NAHB Chart of Accounts, and shows builders how to take control of their finances.

Cost Accounting and Financial Management for Construction Project Managers

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Author :
Publisher : Routledge
ISBN 13 : 1351376942
Total Pages : 400 pages
Book Rating : 4.45/5 ( download)

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Book Synopsis Cost Accounting and Financial Management for Construction Project Managers by : Len Holm

Download or read book Cost Accounting and Financial Management for Construction Project Managers written by Len Holm and published by Routledge. This book was released on 2018-09-03 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proper cost accounting and financial management are essential elements of any successful construction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer (CFO) of a construction firm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective. Following a complete accounting cycle, from the original estimate through cost controls to financial close-out, the book makes use of one commercial construction project case study throughout. It covers key topics like financial statements, ratios, cost control, earned value, equipment depreciation, cash flow, and pay requests. But unlike other texts, this book also covers additional financial responsibilities such as cost estimates, change orders, and project close-out. Also included are more advanced accounting and financial topics such as supply chain management, activity-based accounting, lean construction techniques, taxes, and the developer’s pro forma. Each chapter contains review questions and applied exercises and the book is supplemented with an eResource with instructor manual, estimates and schedules, further cases and figures from the book. This textbook is ideal for use in all cost accounting and financial management classes on both undergraduate and graduate level construction management or construction engineering programs.

Financial Management in Construction Contracting

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Publisher : John Wiley & Sons
ISBN 13 : 1405125063
Total Pages : 458 pages
Book Rating : 4.62/5 ( download)

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Book Synopsis Financial Management in Construction Contracting by : Andrew Ross

Download or read book Financial Management in Construction Contracting written by Andrew Ross and published by John Wiley & Sons. This book was released on 2013-01-29 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites

Financial Management and Accounting Fundamentals for Construction

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118174275
Total Pages : 323 pages
Book Rating : 4.72/5 ( download)

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Book Synopsis Financial Management and Accounting Fundamentals for Construction by : Daniel W. Halpin

Download or read book Financial Management and Accounting Fundamentals for Construction written by Daniel W. Halpin and published by John Wiley & Sons. This book was released on 2011-09-09 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: TECHNOLOGY/ENGINEERING/CIVIL SUCCESSFUL FINANCIAL MANAGEMENT IN THE CONSTRUCTION INDUSTRY BEGINS WITH THIS HANDS-ON GUIDE While construction professionals are skilled in the technical side of their work, they often find the financial management aspect of the business daunting. Financial Management and Accounting Fundamentals for Construction will help you better understand and navigate the financial decisions that are part of every construction project. This book is a compact summary of the basic financial skills that a construction professional must have to be successful in the management of a construction company and its projects. Its topics address many of the questions that any construction administrator will face, such as: How to organize and use a company's financial reports What amount of cash must be made available to the contractor to complete a project Why the early payment of supplier invoices can enhance profitability How to quantify the time value of money in financial decisions What tax amount is owed by a company and how it impacts the bottom line How to control project costs What financial sources are available to a construction contractor for capital expansion In this text, you will learn about accounting fundamentals, project-related financial matters, and company level financial issues three factors that are key to your career success. An ideal reference for students of construction management and engineering, as well as professionals who need a quick refresher when dealing with cost control analysis and other financial issues, this text also offers: Easy-to-understand coverage of financial concepts specific to the construction industry, including business taxation, project control, engineering economy, and financial forecasting Numerous worked examples, plus end-of-chapter review questions and exercises Helpful appendices that present the structure of a typical chart of accounts, the flow of transactions through a construction accounting system, and tables required for computing interest and the time value of money

Accounting and Financial Management for Residential Construction

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Publisher : National Assn of Home Builders
ISBN 13 : 9780867185348
Total Pages : 144 pages
Book Rating : 4.41/5 ( download)

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Book Synopsis Accounting and Financial Management for Residential Construction by : Emma S. Shinn

Download or read book Accounting and Financial Management for Residential Construction written by Emma S. Shinn and published by National Assn of Home Builders. This book was released on 2002-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Step-by-step instructions for standardizing your financial reporting system and measuring your current performance against previous years, and the rest of the industry. Shows how to design an accounting system for your business, how to record and process financial data, how to prepare budgets, and how to analyze financial statements to make sure that your company is profitable.

Project Finance for Construction

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1317377141
Total Pages : 414 pages
Book Rating : 4.46/5 ( download)

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Book Synopsis Project Finance for Construction by : Anthony Higham

Download or read book Project Finance for Construction written by Anthony Higham and published by Taylor & Francis. This book was released on 2016-12-08 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world of construction is intrinsically linked with that of finance, from the procurement and tendering stage of projects right through to valuation of buildings. In addition to this, things like administrations, liquidations, mergers, take-overs, buy-outs and floatations affect construction firms as they do all other companies. This book is a rare explanation of common construction management activities from a financial point of view. While the practical side of the industry is illustrated here with case studies, the authors also take the time to build up an understanding of balance sheets and P&L accounts before explaining how common tasks like estimating or valuation work from this perspective. Readers of this book will not only learn how to carry out the tasks of a construction cost manager, quantity surveyor or estimator, they will also understand the financial logic behind them, and the motivations that drive senior management. This is an essential book for students of quantity surveying or construction management, and all ambitious practitioners.

Construction Accounting and Financial Management

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Author :
Publisher : Pearson
ISBN 13 : 9780135232873
Total Pages : 368 pages
Book Rating : 4.72/5 ( download)

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Book Synopsis Construction Accounting and Financial Management by : Steven J. Peterson

Download or read book Construction Accounting and Financial Management written by Steven J. Peterson and published by Pearson. This book was released on 2019-01-11 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: For courses in construction accounting. The market's most in-depth coverage of construction accounting and finance Construction Accounting and Financial Management covers all of the key accounting and financial management principles needed by construction managers to profitably manage the finances of construction companies, as well as how to adapt these principles for the construction industry. The text introduces construction financial management, details the framework for a construction accounting system, describes the management of costs, profits, and cash flows, and provides tools for making financial decisions. The 4th edition includes new sections on topics such as cost segregation, the design-build process, and pertinent provisions of The Tax Cuts and Jobs Act passed in December 2017.

Construction Accounting and Financial Management

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Author :
Publisher : Prentice Hall
ISBN 13 : 9780132675055
Total Pages : 0 pages
Book Rating : 4.56/5 ( download)

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Book Synopsis Construction Accounting and Financial Management by : Steven J. Peterson

Download or read book Construction Accounting and Financial Management written by Steven J. Peterson and published by Prentice Hall. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces the concept of construction financial management and outlines why this is different to financial management in other industries. Describes how to account for a construction company's financial resources and how to manage the costs and profits of a construction company. Looks at managing cash flows and analysing financial decisions.

Managing the Profitable Construction Business

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Publisher : John Wiley & Sons
ISBN 13 : 1118837134
Total Pages : 288 pages
Book Rating : 4.39/5 ( download)

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Book Synopsis Managing the Profitable Construction Business by : Thomas C. Schleifer

Download or read book Managing the Profitable Construction Business written by Thomas C. Schleifer and published by John Wiley & Sons. This book was released on 2014-02-21 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.