Construction Accounting and Financial Management,
M M M M
4th Edition Steven J. Peterson
M M M M
Chapters 1 - 18, Complete Newest Version
M M M M M M
ConstructionMAccountingMandMFinancialMManagement,
, CONTENTS
NewMtoMtheMFourthMEdition 1
ChapterM1:MConstructionMFinancialMManagement 2
ChapterM2:MConstructionMAccountingMSystems 4
ChapterM3:MAccountingMTransactions 7
ChapterM4:MMoreMConstructionMAccounting 23
ChapterM5:MDepreciation 34
ChapterM6:MAnalysisMofMFinancialMStatements 50
ChapterM7:MManagingMCosts 58
ChapterM8:MDeterminingMLaborMBurden 62
ChapterM9:MManagingMGeneralMOverheadMCosts 65
ChapterM10:MSettingMProfitMMarginsMforMBidding 67
ChapterM11:MProfitM CenterMAnalysis 70
ChapterM12:MCashMFlowsMForMConstructionMProjects 75
ChapterM13:MProjectingMIncomeMTaxes 87
ChapterM14:MCashMFlowsMforMaMConstructionMCompany 91
ChapterM15:MTimeMValueMofMMoney 93
ChapterM16:MFinancingMaMCompany’sMFinancialMNeeds 99
ChapterM17:MMakingMFinancialMDecisions 111
ChapterM18:MIncomeMTaxesMandMFinancialMDecisions 130
ConstructionMAccountingMandMFinancialMManagement,
, iii
ConstructionMAccountingMandMFinancialMManagement,
, New to the Fourth Edition
M M M M
TheMmajorMchangesMtoMtheMfourthMeditionMincludeMtheMfollowing
TheMbusinessMfailureMrateMforMconstructionMcompaniesMinMChapterM1MhaveM
beenMupdated.
SectionsMonMcostMsegregationMandMbonusMdepreciationMhaveMbeenMaddedMtoMChapterM5
.
TheMdiscussionMofMtypicalMmedianMratiosMinMChapterM6MhasMbeenMupdated.
AMsectionMonMtheMmonitoringMandMcontrollingMprocessMhasMbeenMaddedMtoMChapterM7.
AMsectionMonMmanagingMdesign-buildMcostsMhasMbeenMaddedMtoMChapterM7.
TheMwages,MsocialMsecurity,MandMMedicareMcostsMwereMupdatedMinMChaptersM
8,M9,MandM14.
AMweeklyMcashMflowMproblemMhasMbeenMaddedMtoMChapterM12.
TheMincomeMtaxMregulationsMinMChapterM13MhaveMbeenMupdatedMtoMincorp
orateMprovisionsMofMTheMTaxMCutsMandMJobsMActMpassedMinMDecemberM201
7.
TheMprojectMcashMflowsMusedMtoMdevelopManMannualMcashMflowMforMaMconstructi
onMcompanyMhaveMbeenMexpandedMtoMcoverMtheMentireMprojectM(includingMwor
kMdoneMinMtheMpriorMyear)MandMtheMcalculationMofMtheMunderbillings/overbillings
MhasMbeenMincludedM inMChapterM14.
TheMeffectsMofMtaxesMonMdecisionMhasMbeenMupdatedMinMChapterM18MtoMincorpor
ateMtheMTaxMCutsMandMJobsMAct.
TheMInstructor’sMManualMincludesMaMlistMofMlearningMobjectives,MinstructionalMhints,Msugg
estedMactivities,MandMresourcesMforMeachMchapter.MFilesMforMtheMfiguresMandMtablesMinMth
eMtextbookMareMfoundMonMtheMinstructor’sMwebsite.MItMisMmyMhopeMthatMtheseMresources
MwillMmakeMitMeasierMforMcourseMinstructorsMtoMteachMtheMmaterialMinMaMmeaningfulMman
ner.MBecauseMtheMcoursesMthatMuseMthisMtextbookMareMquiteMdiverse,MitMisMimpossibleMto
MorganizeMtheMchaptersMintoMoneMbestMorder.MEachMinstructorMshouldMconsiderMhisMorMhe
rMindividualMprogramMandMdetermineMwhichMchaptersMneedMtoMbeMtaughtMandMinMwhatMo
rder.
BestMwishes,
StevenMJ.MPeterson,MMBA,MPE