Financial Management in Construction Contracting Book [PDF] Download

Download the fantastic book titled Financial Management in Construction Contracting written by Andrew Ross, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Financial Management in Construction Contracting", which was released on 29 January 2013. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Technology & Engineering genre.

Summary of Financial Management in Construction Contracting by Andrew Ross PDF

This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites


Detail About Financial Management in Construction Contracting PDF

  • Author : Andrew Ross
  • Publisher : John Wiley & Sons
  • Genre : Technology & Engineering
  • Total Pages : 458 pages
  • ISBN : 1405125063
  • PDF File Size : 13,9 Mb
  • Language : English
  • Rating : 4/5 from 21 reviews

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Financial Management in Construction Contracting

Financial Management in Construction Contracting
  • Publisher : John Wiley & Sons
  • File Size : 36,8 Mb
  • Release Date : 29 January 2013
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This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of

Risk and Financial Management in Construction

Risk and Financial Management in Construction
  • Publisher : Routledge
  • File Size : 33,9 Mb
  • Release Date : 02 March 2017
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In today’s climate the need for a closer understanding of the relationship between the two inter-related topics of risk management and finance on construction projects is becoming increasingly crucial

Financial Management and Accounting Fundamentals for Construction

Financial Management and Accounting Fundamentals for Construction
  • Publisher : John Wiley & Sons
  • File Size : 39,5 Mb
  • Release Date : 09 September 2011
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TECHNOLOGY/ENGINEERING/CIVIL SUCCESSFUL FINANCIAL MANAGEMENT IN THE CONSTRUCTION INDUSTRY BEGINS WITH THIS HANDS-ON GUIDE While construction professionals are skilled in the technical side of their work, they often find

Construction Accounting & Financial Management

Construction Accounting & Financial Management
  • Publisher : Pearson Higher Ed
  • File Size : 23,5 Mb
  • Release Date : 03 October 2013
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For all courses in construction accounting and construction finance, and for courses in engineering economics taught in construction management programs. This book helps construction professionals and construction management students master

Financing Construction

Financing Construction
  • Publisher : Routledge
  • File Size : 35,8 Mb
  • Release Date : 02 September 2003
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Cash is king, not least in the construction industry. Recent government-commissioned reports have highlighted the importance of better financial management in the construction industry. This professional text provides a considered

Managing the Profitable Construction Business

Managing the Profitable Construction Business
  • Publisher : John Wiley & Sons
  • File Size : 39,6 Mb
  • Release Date : 21 February 2014
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Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by