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By: Steven J. Peterson / Publisher: Prentice Hall / Date Puplished: 4-11-2013, 02:15

Construction Accounting and Financial ManagementThis book takes general business accounting and financial principles as well as engineering economics and adapts them to the unique characteristics of the construction industry. It provides all of the key financial management principles needed by construction managers under one cover, addressing how they are applied in the construction industry and how they interact. This book teaches students how to account for the company`s financial resources, how to manage the costs and profits of a construction company, how to manage the company`s cash flows, how to evaluate different sources of funding a company`s cash needs, and how to quantitatively analyze financial decisions.

About The Author

Steven Peterson, MBA, PE- Associate Professor of Construction Management, Weber State University. Mr. Peterson`s specialty is the financial side of the construction industry, including construction accounting, finance, and estimating. He has written two textbooks. In his first textbook, Construction Accounting and Financial Management, he shows construction managers how to take common accounting, financial, and other business principals and adapt these to the unique characteristics of the construction industry. In his second textbook, Construction Estimating using Excel, he shows construction managers how to use the power of Excel throughout the estimating process. He has published a number of articles in Estimating Today, the Official Publication of the American Society of Professional Estimators. Mr. Peterson came to Weber State University from the construction industry where he spent five years working as a senior project manager for medium sized companies. He began his career in construction in 1985 as an estimator for a small general contractor. Other work in the construction industry includes four years as site engineer for a hazardous/radioactive landfill, working as a superintendent, and overseeing the design and construction of Superfund cleanup projects for the State of Utah. Professor Peterson graduated with a BS in engineering and a MBA from the University of Utah. He is a licensed professional engineer in the State of Utah.

Table of Contents

I. INTRODUCTION TO CONSTRUCTION FINANCIAL MANAGEMENT. 1. Construction Financial Management. II. ACCOUNTING FOR FINANCIAL RESOURCES. 2. Construction Accounting Systems. 3. Accounting Transactions. 4. More Construction Accounting. 5. Depreciation. 6. Analysis of Financial Statements. III. MANAGING COSTS AND PROFITS. 7. Managing Costs. 8. Determining Labor Burden. 9. Managing General Overhead Costs. 10. Setting Profit Margins for Bidding. 11. ProfitCenterAnalysis. IV. MANAGING CASH FLOWS. 12. Cash Flows For Construction Projects. 13. Projecting Income Taxes. 14. Cash Flows for Construction Companies. 15. Time Value of Money. 16. Financing a Company`s Financial Needs. V. MAKING FINANCIAL DECISIONS. 17. Tools for Making Financial Decisions. 18. Income Taxes and Financial Decisions. Appendix A: Computerized Accounting Systems. Appendix B: Excel Primer Appendix C: Trend Analysis. Appendix D: Derivation of Selected Equations. Appendix E: Interest Factors. Appendix F: Amortization Schedule. Appendix G: Glossary. Appendix H: List of Variables.

Technical Data

ISBN: 0135017114 EAN: 9780135017111
Realese Date: United States, 10 July 2008 Number of Page: Undefined number of
Age Range: Not defined Illustrations: Not Specified
Language: EN Quality: Scanned pages
Format: PDF Size File: Unknown
Author UpLoad: OS: WinXP, WindowsVista, Windows7, Windows8

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