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Download Construction Accounting and Financial Management PDF. 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.
Construction companies must be able to manage payroll, bid on projects, track and report spending, and perform a wide range of other accounting duties. The main distinctions between construction and other accounting types are listed below.
Construction accounting refers to a specialized set of principles and practices tailored to meet the unique financial needs of construction projects. As contractors create, modify, or restore assets, they encounter specific challenges that demand a nuanced approach to financial management.
This guide is an indispensable reference document packed with information on new requirements and relevant changes to the FASB Accounting Standards Codification. From simple accounting to joint venture creation, this edition takes a deep dive into industry specific auditing procedures.
book draws upon the strengths of this original text by reflecting present-day practice and adding information regarding business taxation, project control, engineering economy, and financial forecasting.
This book is organized in five parts: introduction to construction financial management, accounting for financial resources, managing costs and profits, managing cash flows, and making financial decisions. The first part—comprising Chapter 1—introduces the reader to construction financial management, explains
Books. Construction Accounting: A Practitioner's Guide. Steven M. Bragg. AccountingTools, Incorporated, 2020 - Construction industry - 225 pages.
