First Looks: Construction Accounting & Financial Management (2nd Edition)
The Lowest Price we could find is $130.40 $69.68
This book takes general business accounting and financial principles as well as engineering economics and adapts them to the unique characteristics of the construction industry. It provides all of the key financial management principles needed by construction managers under one cover, addressing how they are applied in the construction industry and how they interact. This book teaches students how to account for the companys financial resources, how to manage the costs and profits of a construction company, how to manage the companys cash flows, how to evaluate different sources of funding a companys cash needs, and how to quantitatively analyze financial decisions.
Review:
This book has been so helpful in my attempt to increase my understanding of the way construction companies manage their accounting books and finances. I’m currently on my second reading and intend to keep this book as a permanent reference.
I would have given this book 5 stars, mainly because this book has been very helpful to me, but I’ve chosen 4 stars because…
- Exercises were included after each chapter, which is a nice touch, but it would have been nicer if the author had included the answers at the end of the book.
- The CD includes Excel templates, which is also a nice touch, but I honestly thought before buying this book that they were more complex and advanced, maybe including some of the exercises seen on the book.
Other than those (in my opinion, minor) issues, this is an excellent book. I highly recommend it to those people involved in the construction industry.
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