» » Construction Accounting & Financial Management (2nd Edition)

Download Construction Accounting & Financial Management (2nd Edition) fb2

by Steven Peterson
Download Construction Accounting & Financial Management (2nd Edition) fb2
Home Improvement & Design
  • Author:
    Steven Peterson
  • ISBN:
  • ISBN13:
  • Genre:
  • Publisher:
    Prentice Hall; 2 edition (July 20, 2008)
  • Pages:
    600 pages
  • Subcategory:
    Home Improvement & Design
  • Language:
  • FB2 format
    1742 kb
  • ePUB format
    1183 kb
  • DJVU format
    1868 kb
  • Rating:
  • Votes:
  • Formats:
    azw mobi lit mbr

by Peterson MBA PE, Steven J. (Author). ISBN-13: 978-0132675055.

by Steven Peterson MBA PE (Author). Why is ISBN important? ISBN. The 13-digit and 10-digit formats both work.

Finding books BookSee BookSee - Download books for free.

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.

78 MB·9,616 Downloads. 65 MB·17,463 Downloads.

No need to wait for office hours or assignments to be graded to find out where you took a wrong turn. Hit a particularly tricky question?

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.

I have an MBA and a master's in finance, so I have taken a LOT of accounting and finance classes. I bought this book for a class specifically in construction finance, but I can't say it is really any better for construction than for any other topic. It is more of a general overview of accounting and finance. If you are looking for a book that will specifically help you in your contracting business, this book is probably not much better than a standard accounting or finance text. The truth is: these topics are business topics, and the concepts apply to every business situation. The only thing that makes this a "construction" accounting book is the fact that the examples are taken from a construction context. In that regard it might make the material a little easier to relate to, but nothing about the underlying information changes just because it is a contractor, as opposed to a restaurant or a retailer.
Bottom line: the examples are from a construction context, but the principles in the book are the same as they are in any other accounting or finance text. In that regard, there are books out there, such as Horgren's, that explain the concepts more clearly.
This textbook styled reference provides a good basis for understanding the elements of a construction based financial system. The explanations are derived from practical application of construction work processes and includes elements of cost engineering and controls that are not found in other "accounting" centric reference material.

I was however very disappointed in the worksheets provided on the CD. They include simple accounting formulas in MS Excel for very basic accounting functions (i.e. interest, depreciation, etc.). It would have been more valuable to include some more practical application of the books contents.

Overall, it is a good reference to have available and provides clear guidance and explanation to virtually all aspects of construction financial management.
If you are in construction, you know that standard accounting practices don't address the issues of subcontracting work, retainage and equipment depreciation that are specific to construction.

This book isn't a tome with dry t-tables, this goes beyond that and addresses earned value management and cost control. For the price of this book, you will get more out of the excel spreadsheet appendix than those expensive software manuals. I would highly recommend this to any construction manager, or small shop owner as a way of learning how to quickly analyze a construction budget and keep costs under control.
This textbook is trashy.

It gives unclear accounting knowledge when compared to conventional financial accounting textbook.

The examples are too theoretical and are not useful to use in real situation.

What's more?, it gives only little insight of construction business accounting.
Excellent product. !!!
Required for school.
Exceeded expectations.
Excelent. Like new