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Solution Manual For CONSTRUCTION ACCOUNTING AND FINANCIAL MANAGEMENT Fourth Edition Steven J. Peterson, MBA, PE | All Chapters | Latest & Updated Version 2025

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Solution Manual For CONSTRUCTION ACCOUNTING AND FINANCIAL MANAGEMENT Fourth Edition Steven J. Peterson, MBA, PE | All Chapters | Latest & Updated Version 2025

Institution
CONSTRUCTION ACCOUNTING AND FI
Course
CONSTRUCTION ACCOUNTING AND FI











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Written for

Institution
CONSTRUCTION ACCOUNTING AND FI
Course
CONSTRUCTION ACCOUNTING AND FI

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Uploaded on
December 8, 2025
Number of pages
218
Written in
2025/2026
Type
Exam (elaborations)
Contains
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SOLUTION MANUAL

Construction Accounting and Financial Management,

4th Edition Steven J. Peterson

Chapters 1 - 18, Complete Newest Version




ConstructionJAccountingJandJFinancialJManagement,

, CONTENTS
NewJtoJtheJFourthJEdition 1

ChapterJ1:JConstructionJFinancialJManagement 2

ChapterJ2:JConstructionJAccountingJSystems 4

ChapterJ3:JAccountingJTransactions 7

ChapterJ4:JMoreJConstructionJAccounting 23

ChapterJ5:JDepreciation 34

ChapterJ6:JAnalysisJofJFinancialJStatements 50

ChapterJ7:JManagingJCosts 58

ChapterJ8:JDeterminingJLaborJBurden 62

ChapterJ9:JManagingJGeneralJOverheadJCosts 65

ChapterJ10:JSettingJProfitJ MarginsJforJBidding 67

ChapterJ11:JProfitJ CenterJAnalysis 70

ChapterJ12:JCashJFlowsJForJConstructionJProjects 75

ChapterJ13:JProjectingJIncomeJTaxes 87

ChapterJ14:JCashJFlowsJforJaJConstructionJCompany 91

ChapterJ15:JTimeJValueJofJMoney 93

ChapterJ16:JFinancingJaJCompany’sJFinancialJNeeds 99

ChapterJ17:JMakingJFinancialJDecisions 111

ChapterJ18:JIncomeJTaxesJandJFinancialJDecisions 130




ConstructionJAccountingJandJFinancialJManagement,

, iii




ConstructionJAccountingJandJFinancialJManagement,

, New to the Fourth Edition
J J J J




TheJmajorJchangesJtoJtheJfourthJeditionJincludeJtheJfollowing
 TheJbusinessJfailureJrateJforJconstructionJcompaniesJinJChapterJ1JhaveJbeenJ
updated.
 SectionsJonJcostJsegregationJandJbonusJdepreciationJhaveJbeenJaddedJtoJChapterJ5.
 TheJdiscussionJofJtypicalJmedianJratiosJinJChapterJ6JhasJbeenJupdated.
 AJsectionJonJtheJmonitoringJandJcontrollingJprocessJhasJbeenJaddedJtoJChapterJ7.
 AJsectionJonJmanagingJdesign-buildJcostsJhasJbeenJaddedJtoJChapterJ7.
 TheJwages,JsocialJsecurity,JandJMedicareJcostsJwereJupdatedJinJChaptersJ8,J9,Ja
ndJ14.
 AJweeklyJcashJflowJproblemJhasJbeenJaddedJtoJChapterJ12.
 TheJincomeJtaxJregulationsJinJChapterJ13JhaveJbeenJupdatedJtoJincorporateJ
provisionsJofJTheJTaxJCutsJandJJobsJActJpassedJinJDecemberJ2017.
 TheJprojectJcashJflowsJusedJtoJdevelopJanJannualJcashJflowJforJaJconstructionJco
mpanyJhaveJbeenJexpandedJtoJcoverJtheJentireJprojectJ(includingJworkJdoneJinJth
eJpriorJyear)JandJtheJcalculationJofJtheJunderbillings/overbillingsJhasJbeenJinclud
edJinJChapterJ14.
 TheJeffectsJofJtaxesJonJdecisionJhasJbeenJupdatedJinJChapterJ18JtoJincorporateJtheJ
TaxJCutsJandJJobsJAct.
TheJInstructor’sJManualJincludesJaJlistJofJlearningJobjectives,JinstructionalJhints,Jsuggeste
dJactivities,JandJresourcesJforJeachJchapter.JFilesJforJtheJfiguresJandJtablesJinJtheJtextbookJ
areJfoundJonJtheJinstructor’sJwebsite.JItJisJmyJhopeJthatJtheseJresourcesJwillJmakeJitJeasierJ
forJcourseJinstructorsJtoJteachJtheJmaterialJinJaJmeaningfulJmanner.JBecauseJtheJcoursesJt
hatJuseJthisJtextbookJareJquiteJdiverse,JitJisJimpossibleJtoJorganizeJtheJchaptersJintoJoneJb
estJorder.JEachJinstructorJshouldJconsiderJhisJorJherJindividualJprogramJandJdetermineJwhi
chJchaptersJneedJtoJ beJtaughtJandJinJwhatJorder.
BestJwishes,
StevenJJ.JPeterson,JMBA,JPE

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