Take control of your finances with Accounting and Financial Management. This solid resource for builders, remodelers, developers, and contractors provides detailed information on how an accounting system operates and the basic principles for processing financial data. This fifth edition includes the updated NAHB Chart of Accounts and explains;how technology facilitates procedures for such items as accounts payable, change orders, and payroll and how it impacts processing systems;the impact of additional management reports and how they can enhance and facilitate a managers job;the key measurements that residential construction professionals should track; the integration of job cost accounting with estimating, purchasing, and scheduling;and the profit center concept for multiple-project companies and its reporting requirements.
Emma Shinn, CPA, is an officer of the Shinn Group of Companies, including the Lee Evans Group, Shinn Consulting, and Builder Partnerships in Littleton, Colorado. In the 1960s, she worked for Touche, Ross and Company (now Delotte & Touche). She has an MBA in accounting from The American University in Washington, DC., and is a certified public accountant (CPA). She served as Chairman of the NAHB Business Management and Information Technology Committee in 1997. Her background in the industry includes all aspects of the building process including planning, design, supervision, sales and administration of single-family projects. She received the MAME Award for the Rookie Salesperson of the Year presented by the Denver Home Builders Association in 1988. Emma's specialization is accounting for the home building industry, addressing not only financial reporting but also use of accounting information in the management process.
