Construction Accounting: Financial, Managerial, Auditing, Tax
James J. Adrian, Ph.D., PE, CPA


This books presents accounting in layman's language.  The premise of the book is that an understanding of accounting, and in particular the unique aspects of construction accounting is fundamental to working in the construction industry.  On the other hand, many construction practitioners do not have an adequate background in construction accounting.  This books explains all four areas of accounting as they relate to the construction firm: financial, managerial, auditing, and tax.   The book provides everything the reader needs to know to have a comprehensive understanding of the financial aspects of the construction firm and construction project. 

Table of Contents

  • Chapter 1:  How Accounting is Useful to the Construction Firm
  • Chapter 2:  Recognizing Financial Transactions
  • Chapter 3:  Accounting Entries for Revenue Recognition
  • Chapter 4:  The Bookkeeping Process
  • Chapter 5:  Accounting Entries for Adjustments, Reversals, and Changes
  • Chapter 6:  Construction Firm Financial Statements
  • Chapter 7:  Financial Analysis of the Construction Firm
  • Chapter 8:  Portraying the Firm in a Favorable Light
  • Chapter 8:  Manual Job Cost Systems
  • Chapter 10:  Manual Project-Management Information Systems
  • Chapter 11: Selection of Computer Software and Applications
  • Chapter 12: Cash Flow and Budgeting
  • Chapter 13: Break-Even Analysis and Overhead Allocation
  • Chapter 14: Financial Auditing
  • Chapter 15: Management Auditing
  • Chapter 16: Initial Tax Planning Decisions
  • Chapter 17: Tax Planning and Revenue Recognition
  • Chapter 18: Depreciation and Related Tax Benefits
  • Chapter 19: Implementing Programs for Increasing Job Site Productivity
  • Chapter 20: Quantification of Change Order and Claims
  • Chapter 21: Valuation of the Construction Firm
  • Chapter 22: Using New Technology to Improve Productivity

$45.95 Hardcover, 420pp.  2006


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