Description: Wiley, 2013 softcover. Book Condition; Like new, clean and unmarked. the spine is smooth. The covers have a touch of corner rubbing otherwise fine. 435 pages. ===== This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It guides 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.
Price: 50 USD
Location: Newark, California
End Time: 2025-01-11T12:32:00.000Z
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Item Specifics
All returns accepted: ReturnsNotAccepted
Number of Pages: 456 Pages
Language: English
Publication Name: Financial Management in Construction Contracting
Publisher: Wiley & Sons, Incorporated, John
Subject: Industries / Construction, Construction / Contracting, Surveying
Publication Year: 2013
Item Height: 1 in
Type: Textbook
Item Weight: 29.7 Oz
Subject Area: Technology & Engineering, Business & Economics
Author: Andrew Ross, Peter Williams
Item Length: 9.5 in
Item Width: 6.7 in
Format: Trade Paperback