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Accounting and Financial Management for Residential Construction 6th Edition By Emma Shinn

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Pages
308
File size
7.31 MB
Format
Digital PDF
Category
eBook[PDF]
About this ebook
The sixth edition of Accounting and Financial Management for Residential Construction by Emma Shinn focuses on providing builders, remodelers, developers, and contractors with a foundational understanding of accounting systems without requiring prior CPA training. [1, 2]
The primary topics and subjects covered in this revised and expanded edition include:
  • Financial Planning and Analysis: General principles and concepts to assess the overall financial health of a home building or residential construction firm. [1]
  • The Profit Center Concept: Strategic advice and reporting metrics customized for multiple-project builders, developers, and remodelers to monitor the profitability of individual projects or lines of business. [1, 2]
  • Technology in Construction Accounting: Analysis of how modern software and tech facilitate everyday procedures, including managing payroll, change orders, accounts payable, and accounts receivable systems. [1, 2]
  • Job Cost Accounting Integration: Guidance on seamlessly tying job cost accounting data directly into functional operational processes like estimating, purchasing, and scheduling. [1, 2]
  • Operational Performance Metrics: Essential financial measurements, benchmarks, and key tracking data that residential construction professionals need to track to understand and improve operational efficiency. [1, 2]
  • Accounting System Foundations: Detailed information on how bookkeeping terminology, core accounting frameworks, and data processing systems operate to maintain orderly and compliant financial records. [1, 2]

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