Accounting & Financial Management for Residential Construction

Overview

Take control of your finances with Accounting and Financial Management. This solid resource for builders, remodelers, developers, and contractors provides detailed information on how an accounting system operates and the basic principles for processing financial data. This fifth edition includes the updated NAHB Chart of Accounts and explains:-how technology facilitates procedures for such items as accounts payable, change orders, and payroll and how it impacts processing systems-the impact of additional management reports and how they can enhance and facilitate a manager’s job-the key measurements that residential construction professionals should track-the integration of job cost accounting with estimating, purchasing, and scheduling-the profit center concept for multiple-project companies and its reporting requirements“This book is part of the core curriculum for several of our construction management programs. It provides essential information to take control of your finances.” --Elizabeth Sugg, Curriculum Manager, Cengage Learning, Clifton Park, NYAccounting and Financial Management for Residential Construction, 5th Edition Kindle Edition is also available on Amazon.com. You can start reading this book immediately on your iPad, Kindle, or smartphone (iPhone, Blackberry, or Android), or on your desktop by simply downloading Amazon’s Kindle App.

Author Biography

Emma Shinn of Lee Evans Group/ IHBMI, Littleton, Colorado, is a consultant and educator for the ome building industry in accounting and financial management systems. In the 1960s she worked for Touche, Ross, and Company (now Deloitte & Touche). She has an MBA in accounting from The American University in Washington, D.C., and is a certified public accountant (CPA). She help draft the first Builder's Cost of Doing Business Study conducted by the National Association of Home Builders. She served as Chairman of the NAHB Business Management and Information Technology Committee in 1997.Her background in the industry includes all aspects of the building process including planning, design, supervision, sales and administration of single family projects. She was awarded the MAME award for the Rookie Salesperson of the Year by the Denver Home Builder Association in 1988. Emma's speialization is accounting for the homebuilding industry, addressing not only financial reporting but also the use of accounting information in the management process.