CMGT 485 - Construction Accounting, Finance, and Contemporary Topics

Description:
Project cost accounting principles, applications, and impact on profitability. Includes principles of activity based costing; WBS, earned value, cash management, value engineering, and contemporary topics. Permission of instructor.

Prerequisites:
Prerequisites: CMGT 444 or CMGT 445 and ACCT 301 and ETSC 301.

Credits: (4)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Systematically plan, organize, manage, control, and document construction accounting and cash flow activities.
Understand and be able to develop the following types of documentation: Schedule of Values, periodic payment requests, S-curves, cost control reports, and cash flow projections.
Understand the concepts, terminology, and rationale behind earned value; cost and schedule management; labor burden, general overhead, and profit determination; and accounting applications related to construction.
Evaluate the validity of management techniques, perspectives, and experiences presented by a variety of guest speakers and/or video resources.
Demonstrate the ability to identify and learn about new technologies that are applicable to the construction industry.

Learner Outcomes Approval Date:
5/9/2017

Anticipated Course Offering Terms and Locations:
Spring Locations: Ellensburg