SOLUTION MANUAL B
Construction Accounting and Financial Management,
B B B B
4th Edition Steven J. Peterson
B B B B
Chapters 1 - 18, Complete Newest Version
B B B B B B
ConstructionBAccountingBandBFinancialBManagement,
, CONTENTS
NewBtoBtheBFourthBEdition 1
ChapterB1:BConstructionBFinancialBManagement 2
ChapterB2:BConstructionBAccountingBSystems 4
ChapterB3:BAccountingBTransactions 7
ChapterB4:BMoreBConstructionBAccounting 23
ChapterB5:BDepreciation 34
ChapterB6:BAnalysisBofBFinancialBStatements 50
ChapterB7:BManagingBCosts 58
ChapterB8:BDeterminingBLaborBBurden 62
ChapterB9:BManagingBGeneralBOverheadBCosts 65
ChapterB10:BSettingBProfitBMarginsBforBBidding 67
ChapterB11:BProfitB CenterBAnalysis 70
ChapterB12:BCashBFlowsBForBConstructionBProjects 75
ChapterB13:BProjectingBIncomeBTaxes 87
ChapterB14:BCashBFlowsBforBaBConstructionBCompany 91
ChapterB15:BTimeBValueBofBMoney 93
ChapterB16:BFinancingBaBCompany’sBFinancialBNeeds 99
ChapterB17:BMakingBFinancialBDecisions 111
ChapterB18:BIncomeBTaxesBandBFinancialBDecisions 130
ConstructionBAccountingBandBFinancialBManagement,
, iii
ConstructionBAccountingBandBFinancialBManagement,
, New to the Fourth Edition
B B B B
TheBmajorBchangesBtoBtheBfourthBeditionBincludeBtheBfollowing
• TheBbusinessBfailureBrateBforBconstructionBcompaniesBinBChapterB1BhaveBbee
nBupdated.
• SectionsBonBcostBsegregationBandBbonusBdepreciationBhaveBbeenBaddedBtoBChapterB5.
• TheBdiscussionBofBtypicalBmedianBratiosBinBChapterB6BhasBbeenBupdated.
• ABsectionBonBtheBmonitoringBandBcontrollingBprocessBhasBbeenBaddedBtoBChapterB7.
• ABsectionBonBmanagingBdesign-buildBcostsBhasBbeenBaddedBtoBChapterB7.
• TheBwages,BsocialBsecurity,BandBMedicareBcostsBwereBupdatedBinBChaptersB8,B
9,BandB14.
• ABweeklyBcashBflowBproblemBhasBbeenBaddedBtoBChapterB12.
• TheBincomeBtaxBregulationsBinBChapterB13BhaveBbeenBupdatedBtoBincorpora
teBprovisionsBofBTheBTaxBCutsBandBJobsBActBpassedBinBDecemberB2017.
• TheBprojectBcashBflowsBusedBtoBdevelopBanBannualBcashBflowBforBaBconstructionBc
ompanyBhaveBbeenBexpandedBtoBcoverBtheBentireBprojectB(includingBworkBdoneBi
nBtheBpriorByear)BandBtheBcalculationBofBtheBunderbillings/overbillingsBhasBbeenBi
ncludedBinBChapterB14.
• TheBeffectsBofBtaxesBonBdecisionBhasBbeenBupdatedBinBChapterB18BtoBincorporateBt
heBTaxBCutsBandBJobsBAct.
TheBInstructor’sBManualBincludesBaBlistBofBlearningBobjectives,BinstructionalBhints,Bsuggest
edBactivities,BandBresourcesBforBeachBchapter.BFilesBforBtheBfiguresBandBtablesBinBtheBtextb
ookBareBfoundBonBtheBinstructor’sBwebsite.BItBisBmyBhopeBthatBtheseBresourcesBwillBmakeBit
BeasierBforBcourseBinstructorsBtoBteachBtheBmaterialBinBaBmeaningfulBmanner.BBecauseBtheB
coursesBthatBuseBthisBtextbookBareBquiteBdiverse,BitBisBimpossibleBtoBorganizeBtheBchapters
BintoBoneBbestBorder.BEachBinstructorBshouldBconsiderBhisBorBherBindividualBprogramBandBd
etermineBwhichBchaptersBneedBtoBbeBtaughtBandBinBwhatBorder.
BestBwishes,
StevenBJ.BPeterson,BMBA,BPE
Construction Accounting and Financial Management,
B B B B
4th Edition Steven J. Peterson
B B B B
Chapters 1 - 18, Complete Newest Version
B B B B B B
ConstructionBAccountingBandBFinancialBManagement,
, CONTENTS
NewBtoBtheBFourthBEdition 1
ChapterB1:BConstructionBFinancialBManagement 2
ChapterB2:BConstructionBAccountingBSystems 4
ChapterB3:BAccountingBTransactions 7
ChapterB4:BMoreBConstructionBAccounting 23
ChapterB5:BDepreciation 34
ChapterB6:BAnalysisBofBFinancialBStatements 50
ChapterB7:BManagingBCosts 58
ChapterB8:BDeterminingBLaborBBurden 62
ChapterB9:BManagingBGeneralBOverheadBCosts 65
ChapterB10:BSettingBProfitBMarginsBforBBidding 67
ChapterB11:BProfitB CenterBAnalysis 70
ChapterB12:BCashBFlowsBForBConstructionBProjects 75
ChapterB13:BProjectingBIncomeBTaxes 87
ChapterB14:BCashBFlowsBforBaBConstructionBCompany 91
ChapterB15:BTimeBValueBofBMoney 93
ChapterB16:BFinancingBaBCompany’sBFinancialBNeeds 99
ChapterB17:BMakingBFinancialBDecisions 111
ChapterB18:BIncomeBTaxesBandBFinancialBDecisions 130
ConstructionBAccountingBandBFinancialBManagement,
, iii
ConstructionBAccountingBandBFinancialBManagement,
, New to the Fourth Edition
B B B B
TheBmajorBchangesBtoBtheBfourthBeditionBincludeBtheBfollowing
• TheBbusinessBfailureBrateBforBconstructionBcompaniesBinBChapterB1BhaveBbee
nBupdated.
• SectionsBonBcostBsegregationBandBbonusBdepreciationBhaveBbeenBaddedBtoBChapterB5.
• TheBdiscussionBofBtypicalBmedianBratiosBinBChapterB6BhasBbeenBupdated.
• ABsectionBonBtheBmonitoringBandBcontrollingBprocessBhasBbeenBaddedBtoBChapterB7.
• ABsectionBonBmanagingBdesign-buildBcostsBhasBbeenBaddedBtoBChapterB7.
• TheBwages,BsocialBsecurity,BandBMedicareBcostsBwereBupdatedBinBChaptersB8,B
9,BandB14.
• ABweeklyBcashBflowBproblemBhasBbeenBaddedBtoBChapterB12.
• TheBincomeBtaxBregulationsBinBChapterB13BhaveBbeenBupdatedBtoBincorpora
teBprovisionsBofBTheBTaxBCutsBandBJobsBActBpassedBinBDecemberB2017.
• TheBprojectBcashBflowsBusedBtoBdevelopBanBannualBcashBflowBforBaBconstructionBc
ompanyBhaveBbeenBexpandedBtoBcoverBtheBentireBprojectB(includingBworkBdoneBi
nBtheBpriorByear)BandBtheBcalculationBofBtheBunderbillings/overbillingsBhasBbeenBi
ncludedBinBChapterB14.
• TheBeffectsBofBtaxesBonBdecisionBhasBbeenBupdatedBinBChapterB18BtoBincorporateBt
heBTaxBCutsBandBJobsBAct.
TheBInstructor’sBManualBincludesBaBlistBofBlearningBobjectives,BinstructionalBhints,Bsuggest
edBactivities,BandBresourcesBforBeachBchapter.BFilesBforBtheBfiguresBandBtablesBinBtheBtextb
ookBareBfoundBonBtheBinstructor’sBwebsite.BItBisBmyBhopeBthatBtheseBresourcesBwillBmakeBit
BeasierBforBcourseBinstructorsBtoBteachBtheBmaterialBinBaBmeaningfulBmanner.BBecauseBtheB
coursesBthatBuseBthisBtextbookBareBquiteBdiverse,BitBisBimpossibleBtoBorganizeBtheBchapters
BintoBoneBbestBorder.BEachBinstructorBshouldBconsiderBhisBorBherBindividualBprogramBandBd
etermineBwhichBchaptersBneedBtoBbeBtaughtBandBinBwhatBorder.
BestBwishes,
StevenBJ.BPeterson,BMBA,BPE
