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Cost Accounting and Financial Management for Construction Project Managers (Hardcover)
Loot Price: R3,974
Discovery Miles 39 740
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Cost Accounting and Financial Management for Construction Project Managers (Hardcover)
Expected to ship within 12 - 17 working days
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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.
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