CFM 425
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Construction Accounting
Civil and Construction Engineering
Ira A. Fulton College of Engineering
Course Description
Cost and managerial accounting topics for construction companies, including break-even analysis, ratio analysis, capital budgeting, job cost systems, master budgets pricing and decision-making, allocating costs.
When Taught
Fall
Min
3
Fixed
3
Fixed
3
Fixed
0
Title
Payroll
Learning Outcome
Understand payroll management and labor burden issues in the construction industry.
Title
Basic Financial Knowledge
Learning Outcome
Understand basic financial statements and double-entry accounting theory in the construction industry.
Title
Accounting
Learning Outcome
Understand managerial accounting theory, including how to interpret financial statements using ratio analysis, break-even analysis, trend analysis, etc.
Title
Accounting Controls
Learning Outcome
Understand internal accounting controls in construction companies.
Title
Computers & Accounting
Learning Outcome
Ability to use a computer-accounting program, understand the relationship between the different accounting modules, and generate managerial financial reports.
Title
Revenue Recognition
Learning Outcome
Understand revenue recognition options for construction companies.
