Construction Accounting and Financial Management

For courses in construction accounting.

The market's most in-depth coverage of construction accounting and finance
Construction Accounting and Financial Management covers all of the key accounting and financial management principles needed by construction managers to profitably manage the finances of construction companies, as well as how to adapt these principles for the construction industry. The text introduces construction financial management, details the framework for a construction accounting system, describes the management of costs, profits, and cash flows, and provides tools for making financial decisions. The 4th edition includes new sections on topics such as cost segregation, the design-build process, and pertinent provisions of The Tax Cuts and Jobs Act passed in December 2017.

Steven Peterson is a licensed professional engineer and a professor in the Parson Construction Management program at Weber State University, where he has taught since 2000. He has expertise in the financial side of managing a construction company and construction projects. Steven is the author of Construction Accounting and Financial Management (Pearson, 2020), Construction Estimating using Excel (Pearson, 2018), and Pearson's Pocket Guide to Construction Management (Pearson, 2012), and the coauthor of Estimating in Building Construction (Pearson, 2019). Before arriving at Weber State, Steven spent 15 years working in the construction industry completing projects in the government, commercial, multifamily, and environmental sectors. He received a BS in engineering and an MBA from the University of Utah.