code CB518
credit_hours 3
title Financial Management and Accounting in Construction
arbic title
prequisites CB516
credit hours 3
Description/Outcomes Principles of financial management and accounting - Financial statements` compilation and analysis -projecting cash flow - project financing ? budgeting - cost control - introduction to cost accounting and risk-return relationship.
arabic Description/Outcomes
objectives The course objective is introducing the student to the fundamentals of accounting, financial analysis and management in construction.
arabic objectives
ref. books Construction Accounting by Atrian Publisher: Prentice Hall, Englewood Cliffs, N.J., USA, Latest Edition.rnConstruction Accounting and Financial Management by Coombs & Polwer, Publisher: McGraw Hill, New York, Latest Edition.rnFinancial Management for Contractors by Jackson I.J. Jackson, III Publisher: McGraw-Hill, New York, USA, Latest Edition.
arabic ref. books
textbook Construction Accounting and Financial Management by Peterson, S. J., Publisher: Prentice Hall, USA, Latest Edition.
arabic textbook
objective set combined
content set combined
Course Content
content serial Description
1 Week No.1: Basics of accounting. rn
2 Week No.2: Basics of accounting, continued.
3 Week No.3: Compilation of financial statements. rn
4 Week No.4: Analysis of financial statements.
5 Week No.5: Analysis of financial statement, continued.
6 Week No.6: Analysis of financial statement, continued.
7 Week No.7: Aspects of accounting and financial management in the construction industry.
8 Week No.8: Cash flow projection and analysis.
9 Week No.9: Cash flow projection and analysis, continued.
10 Week No.10: Project financing: Sources of financing, and cost of financing. Working with banks, customers, and investors.
11 Week No.11: Budgeting.
12 Week No.12: Budgeting, continued.rn
13 Week No.13: Cost control and introduction to cost accounting.
14 Week No.14: Risk-return relationship.
15 Week No.15: Risk-return relationship, continued.
16 Week No.16: Final Exam.