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Andrew Ross - Financial Management in Construction Contracting - 9781405125062 - V9781405125062
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Financial Management in Construction Contracting

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Description for Financial Management in Construction Contracting Paperback. 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. Num Pages: 456 pages, 10 illustrations. BIC Classification: KJMV1; TN. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 245 x 175 x 20. Weight in Grams: 886.

Financial Management in Construction Contracting
Andrew Ross & Peter Williams

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 ... Read more

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.

This is the ideal core text for final year degree and post-graduate students and provides an invaluable reference source for all engaged in the financial management of construction projects.

This book’s companion website is at www.wiley.com/go/rossfinancialmanagement and offers invaluable resources for both students and lecturers:

  • PowerPoint slides for lectures on each chapter
  • Excel worksheets to practice what you learn
  • Sample valuations and cashflows
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Product Details

Publisher
John Wiley and Sons Ltd
Number of pages
456
Format
Paperback
Publication date
2013
Condition
New
Number of Pages
456
Place of Publication
Hoboken, United Kingdom
ISBN
9781405125062
SKU
V9781405125062
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-2

About Andrew Ross
Andrew Ross is Head of Postgraduate Programmes in the School of the Built Environment, Liverpool John Moores University. He teaches construction project financial management to undergraduate and post graduate students and has successfully supervised many PhD students as well as acting as external examiner to numerous UK and overseas Universities for undergraduate, postgraduate and research degree courses. ... Read more

Reviews for Financial Management in Construction Contracting
Highly recommended




Hi guys, thought I would share some thought provoking and agenda stimulating reading I have recently come across. The book is entitled “Financial Management in Constructing Contracting” by Andrew Ross & Peter Williams, but could easily have been called “The Constructor’s Almanac” or “Wisdens Construction Guide“. If you want the “inside line” on construction know ... Read more

Goodreads reviews for Financial Management in Construction Contracting


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