Civil Engineering Association

Construction Accounting & Financial Management (2nd Edition) >> By Steven Peterson

Product Description
This 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.

From the Back Cover
Written to benefit professionals already in the industry and students who are still seeking a degree, Construction Accounting and Financial Management provides the necessary background for construction managers to make key financial decisions.

Focusing on the principles of accounting and financial management required to make construction companies financially sound, the book covers such key topics as determining profitability of projects, projecting cash flow, and projecting costs.

In this new edition, Peterson has updated much of material to make it even more relevant to today’s students. Highlights include:

Key topics include determining profitability, projecting costs and cash flow
Updated average industrial ratios include 10 years of data.
Updated the tax codes throughout the book
All sidebar features now use Excel.

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