SOLUTION MANUAL pp
Construction Accounting and Financial Management,
pp pp pp pp
4th Edition Steven J. Peterson
pp pp pp pp
Chapters 1 - 18, Complete Newest Version
pp pp pp pp pp pp
Construction Accounting and Financial Management,
pp pp pp pp
, CONTENTS
New to the Fourth Edition
pp pp pp pp 1
Chapter 1: Construction Financial Management
pp pp pp pp 2
Chapter 2: Construction Accounting Systems
pp pp pp pp 4
Chapter 3: Accounting Transactions
pp pp pp 7
Chapter 4: More Construction Accounting
pp pp pp pp 23
Chapter 5: Depreciation
pp pp 34
Chapter 6: Analysis of Financial Statements
pp pp pp pp pp 50
Chapter 7: Managing Costs
pp pp pp 58
Chapter 8: Determining Labor Burden
pp pp pp pp 62
Chapter 9: Managing General Overhead Costs
pp pp pp pp pp 65
Chapter 10: Setting Profit Margins for Bidding
pp pp pp pp pp pp 67
Chapter 11: Profit Center Analysis
pp pp pp pp 70
Chapter 12: Cash Flows For Construction Projects
pp pp pp pp pp pp 75
Chapter 13: Projecting Income Taxes
pp pp pp pp 87
Chapter 14: Cash Flows for a Construction Company
pp pp pp pp pp pp pp 91
Chapter 15: Time Value of Money
pp pp pp pp pp 93
Chapter 16: Financing a Company’s Financial Needs
pp pp pp pp pp pp 99
Chapter 17: Making Financial Decisions
pp pp pp pp 111
Chapter 18: Income Taxes and Financial Decisions
pp pp pp pp pp pp 130
Construction Accounting and Financial Management, pp pp pp pp
, iii
Construction Accounting and Financial Management,
pp pp pp pp
, New to the Fourth Edition pp pp pp pp
The major changes to the fourth edition include the following
pp pp pp pp pp pp pp pp pp
The business failure rate for construction companies in Chapter 1 have
pp pp pp pp pp pp pp pp pp pp
beenupdated.
pp p
Sections on cost segregation and bonus depreciation have been added to Chapter 5.
pp pp pp pp pp pp pp pp pp pp pp pp
The discussion of typical median ratios in Chapter 6 has been updated.
pp pp pp pp pp pp pp pp pp pp pp
A section on the monitoring and controlling process has been added to Chapter 7.
pp pp pp pp pp pp pp pp pp pp pp pp pp
A section on managing design-build costs has been added to Chapter 7.
pp pp pp pp pp pp pp pp pp pp pp
The wages, social security, and Medicare costs were updated in Chapters
pp pp pp pp pp pp pp pp pp pp
8, 9,and 14.
pp pp p pp
A weekly cash flow problem has been added to Chapter 12.
pp pp pp pp pp pp pp pp pp pp
The income tax regulations in Chapter 13 have been updated to
pp pp pp pp pp pp pp pp pp pp
incorporateprovisions of The Tax Cuts and Jobs Act passed in
pp p pp pp pp pp pp pp pp pp pp
December 2017.
pp pp
The project cash flows used to develop an annual cash flow for a
pp pp pp pp pp pp pp pp pp pp pp pp
construction company have been expanded to cover the entire project
pp pp pp pp pp pp pp pp pp pp
(including work done inthe prior year) and the calculation of the
pp pp pp pp p pp pp pp pp pp pp pp
underbillings/overbillings has been included in Chapter 14.
pp pp pp pp pp pp pp
The effects of taxes on decision has been updated in Chapter 18 to
pp pp pp pp pp pp pp pp pp pp pp pp
incorporate theTax Cuts and Jobs Act.
pp pp p pp pp pp pp
The Instructor’s Manual includes a list of learning objectives, instructional hints,
pp pp pp pp pp pp pp pp pp pp
suggested activities, and resources for each chapter. Files for the figures and tables
pp pp pp pp pp pp pp pp pp pp pp pp pp
in the textbook are found on the instructor’s website. It is my hope that these
pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp
resources will make it easier for course instructors to teach the material in a
pp pp pp pp pp pp pp pp pp pp pp pp pp pp
meaningful manner. Because the courses that use this textbook are quite diverse, it
pp pp pp pp pp pp pp pp pp pp pp pp pp
is impossible to organize the chapters into one best order. Each instructor should
pp pp pp pp pp pp pp pp pp pp pp pp pp
consider his or her individual program and determine which chapters need to be
pp pp pp pp pp pp pp pp pp pp pp pp pp
taught and in what order.
pp pp pp pp pp
Best wishes,pp
Steven J. Peterson, MBA, PE
pp pp pp pp
Construction Accounting and Financial Management,
pp pp pp pp
4th Edition Steven J. Peterson
pp pp pp pp
Chapters 1 - 18, Complete Newest Version
pp pp pp pp pp pp
Construction Accounting and Financial Management,
pp pp pp pp
, CONTENTS
New to the Fourth Edition
pp pp pp pp 1
Chapter 1: Construction Financial Management
pp pp pp pp 2
Chapter 2: Construction Accounting Systems
pp pp pp pp 4
Chapter 3: Accounting Transactions
pp pp pp 7
Chapter 4: More Construction Accounting
pp pp pp pp 23
Chapter 5: Depreciation
pp pp 34
Chapter 6: Analysis of Financial Statements
pp pp pp pp pp 50
Chapter 7: Managing Costs
pp pp pp 58
Chapter 8: Determining Labor Burden
pp pp pp pp 62
Chapter 9: Managing General Overhead Costs
pp pp pp pp pp 65
Chapter 10: Setting Profit Margins for Bidding
pp pp pp pp pp pp 67
Chapter 11: Profit Center Analysis
pp pp pp pp 70
Chapter 12: Cash Flows For Construction Projects
pp pp pp pp pp pp 75
Chapter 13: Projecting Income Taxes
pp pp pp pp 87
Chapter 14: Cash Flows for a Construction Company
pp pp pp pp pp pp pp 91
Chapter 15: Time Value of Money
pp pp pp pp pp 93
Chapter 16: Financing a Company’s Financial Needs
pp pp pp pp pp pp 99
Chapter 17: Making Financial Decisions
pp pp pp pp 111
Chapter 18: Income Taxes and Financial Decisions
pp pp pp pp pp pp 130
Construction Accounting and Financial Management, pp pp pp pp
, iii
Construction Accounting and Financial Management,
pp pp pp pp
, New to the Fourth Edition pp pp pp pp
The major changes to the fourth edition include the following
pp pp pp pp pp pp pp pp pp
The business failure rate for construction companies in Chapter 1 have
pp pp pp pp pp pp pp pp pp pp
beenupdated.
pp p
Sections on cost segregation and bonus depreciation have been added to Chapter 5.
pp pp pp pp pp pp pp pp pp pp pp pp
The discussion of typical median ratios in Chapter 6 has been updated.
pp pp pp pp pp pp pp pp pp pp pp
A section on the monitoring and controlling process has been added to Chapter 7.
pp pp pp pp pp pp pp pp pp pp pp pp pp
A section on managing design-build costs has been added to Chapter 7.
pp pp pp pp pp pp pp pp pp pp pp
The wages, social security, and Medicare costs were updated in Chapters
pp pp pp pp pp pp pp pp pp pp
8, 9,and 14.
pp pp p pp
A weekly cash flow problem has been added to Chapter 12.
pp pp pp pp pp pp pp pp pp pp
The income tax regulations in Chapter 13 have been updated to
pp pp pp pp pp pp pp pp pp pp
incorporateprovisions of The Tax Cuts and Jobs Act passed in
pp p pp pp pp pp pp pp pp pp pp
December 2017.
pp pp
The project cash flows used to develop an annual cash flow for a
pp pp pp pp pp pp pp pp pp pp pp pp
construction company have been expanded to cover the entire project
pp pp pp pp pp pp pp pp pp pp
(including work done inthe prior year) and the calculation of the
pp pp pp pp p pp pp pp pp pp pp pp
underbillings/overbillings has been included in Chapter 14.
pp pp pp pp pp pp pp
The effects of taxes on decision has been updated in Chapter 18 to
pp pp pp pp pp pp pp pp pp pp pp pp
incorporate theTax Cuts and Jobs Act.
pp pp p pp pp pp pp
The Instructor’s Manual includes a list of learning objectives, instructional hints,
pp pp pp pp pp pp pp pp pp pp
suggested activities, and resources for each chapter. Files for the figures and tables
pp pp pp pp pp pp pp pp pp pp pp pp pp
in the textbook are found on the instructor’s website. It is my hope that these
pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp
resources will make it easier for course instructors to teach the material in a
pp pp pp pp pp pp pp pp pp pp pp pp pp pp
meaningful manner. Because the courses that use this textbook are quite diverse, it
pp pp pp pp pp pp pp pp pp pp pp pp pp
is impossible to organize the chapters into one best order. Each instructor should
pp pp pp pp pp pp pp pp pp pp pp pp pp
consider his or her individual program and determine which chapters need to be
pp pp pp pp pp pp pp pp pp pp pp pp pp
taught and in what order.
pp pp pp pp pp
Best wishes,pp
Steven J. Peterson, MBA, PE
pp pp pp pp
