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Accounting and Financial Management for Residential Construction

Accounting and Financial Management for Residential Construction


by Emma S. Shinn
BuilderBooks; 4th edition (2002)
ISBN: 0867185341

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Maximize your financial performance!

A solid resource for any builder, developer, or contractor involved in residential construction, this revised and expanded fourth edition provides an understanding of how and accounting system operates and the basic principles for processing financial data. Includes the NAHB Chart of Accounts.

Include:

  • Understand bookkeeping and accounting terminology and procedures
  • Design an accounting system and choose an accountant
  • Do financial planning
  • Do job cost accounting
  • Prepare, analyze, and use financial reports
  • analyze past performance
  • evaluate the feasibility of future projects
  • estimate the cost of future jobs
  • set goals and objectives
  • prepare short- and long-term budgets

Author Emma Shinn of Shinn Associates Inc., Littleton, Colorado, is a consultant and educator for the homebuilding industry in accounting and financial management systems. In the 1960's she worked for Touche, Ross, and Company (now Deloth and Ross). She has an MBA in accounting from The American University in Washington, D.C., and is a certified public accountant (CPA). She helped draft the Builder's Cost of Doing Business Study conducted by the National Association of Home Builders.


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