| Maximize your financial performance with Accounting and Financial Management. A solid resource for any builder, remodeler, developer, or contractor involved in residential construction, this revised and expanded fourth edition provides an understanding of how an accounting system operates and the basic principles for processing financial data.
Accounting and Financial Management will teach you:
- How to design an accounting system and choose an accountant
- Bookkeeping and accounting terminology and procedures
- Steps for recording and processing financial data
- Guidelines for preparing budgets
- Procedures for analyzing financial statements.
This industry favorite shows you how to standardize your financial reporting system and measure your current performance against previous years, the performance of competitors, and the rest of the industry. More than a benchmarking tool, the collection of financial information in a standard format creates a historical database that enhances planning and allows you to determine your financial position at any time.
About the 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. |