Cost Accounting and Financial Management for Construction Project Managers
Routledge (Verlag)
978-1-138-55065-0 (ISBN)
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.
Len Holm is a senior lecturer in construction management at the University of Washington, USA, and a construction professional with over 40 years’ experience in various roles, including supervision of project managers, estimators, and jobsite cost accountants. He runs his own construction management firm, has developed and taught several new courses for construction management students at the University of Washington, and is the author of numerous textbooks, including Management of Construction Projects, second edition, with John Schaufelberger, and Introduction to Construction Project Engineering, with Giovanni Migliaccio, also published by Routledge.
Preface
Introduction
Accounting Methods
Introduction to Construction Management
Introduction to Estimating
Jobsite General Conditions
Home Office General Conditions
Financial Statements and Financial Ratios
Cost Control
Earned Value Analysis
Activity Based Accounting
Supply Chain Material Management
Equipment Use and Depreciation
Cash Flow
Pay Requests
Accounting for Change Orders
Financial Close-Out of the Construction Project
Lean Construction Practices and Cost Management
Taxes and Audits
Developer’s Pro forma
Appendices:
Case Study Description and Exhibits
Abbreviations
Glossary
Index
Erscheinungsdatum | 18.09.2018 |
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Zusatzinfo | 38 Tables, black and white; 25 Line drawings, black and white; 1 Halftones, black and white |
Verlagsort | London |
Sprache | englisch |
Maße | 189 x 246 mm |
Gewicht | 596 g |
Themenwelt | Technik ► Bauwesen |
Wirtschaft ► Betriebswirtschaft / Management ► Controlling / Kostenrechnung | |
Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
Wirtschaft ► Betriebswirtschaft / Management ► Projektmanagement | |
ISBN-10 | 1-138-55065-5 / 1138550655 |
ISBN-13 | 978-1-138-55065-0 / 9781138550650 |
Zustand | Neuware |
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