Table
of Contents
Chapter 1 - Overview of the
Construction Industry
Nature of the Construction
Contractor
The Bidding and Construction
Process
Types of Construction Contracts
Construction Contract Modifiers
Construction Industry Failure
Issues
Chapter 2 - The Construction
Accounting System
Nature of a Construction
Accounting System
Chapter 3 - Construction-Specific
Accounting
Accounting Standard-Setting
Organizations
Types of Accounting Methodologies
Percentage
of Completion Method
Summary
of Accounting Methodologies
Chapter 4 - Construction
Transactions
Entries Related to the Percentage
of Completion
Anticipated Losses on Contracts
Chapter 5 - Construction
Financial Statements
Financial Statement Disclosures
Chapter
6 - Fixed Asset Accounting
The Initial Measurement of a
Fixed Asset
Sum-of-the-Years
Digits Method
Double-Declining
Balance Method
The Depreciation of Land
Improvements
Depreciation Accounting Entries
Chapter
7 - Payables Accounting
Accounting for Accounts Payable
Treatment
of Incorrect Filings
Chapter
11 - Payroll Accounting
Types
of Tax Deposit Schedules
Federal
Unemployment Deposit Schedule
The
Form 941 Quarterly Federal Tax Return.
Types
of Payroll Journal Entries
Chapter 12 - Investments in
Construction Joint Ventures
Chapter 13 - Construction Tax
Issues
The Accounting Method to Use for
Tax Reporting
Application of the Cash Method
Application of the Accrual Method
Percentage
of Completion Method
Exempt
Percentage of Completion Method
Chapter 14 - Construction
Accounting Controls
Controls for Estimates and Bids
Controls for Cost Plus Pricing
Arrangements
Controls for Fixed Fee Pricing
Arrangements
Percentage of Completion Controls
General and Administrative
Controls
Projected Cost and Variance
Analysis
Adjusting for the Timing of
Billings
Chapter
16 - Business Structures
Final Examination
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