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CAE 572 - Construction Cost Accounting and Control

Course Title: 

Construction Cost Accounting and Control

Course Description: 

Review of basic accounting principles and techniques--purchasing, accounts payable, invoicing, accounts receivable, general ledger, payrolls and indirect costs. Job costing and budgeting. Recording and reporting procedures in construction projects--invoices, subcontractor applications for payment, labor time cards, unit completion reports, change orders. Cost coding systems for construction activities. Variance reporting procedures. Project closeout. Class exercise using computer program.

Credit: 

(3-0-3)

Prerequisite: 

None

Corequisite: 

None