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New Industry Accounting Book Indispensable in Tough Times
Emma Shinn’s “Accounting and Financial Management for Residential Construction, 5th Edition,” available at BuilderBooks.com, provides detailed information for single- and multifamily builders, remodelers, developers and contractors on how an accounting system operates and the basic principles of processing financial data.
It’s an indispensable business tool for industry professional in good times and tough times.
This edition includes the updated NAHB Chart of Accounts that can easily be adapted to the reader’s own business.
In it, Shinn takes readers through the financial process in a methodical manner, building concept upon concept so that even the most complex accounting functions can be easily understood.
“Accounting and Financial Management” includes and explains:
- The key measurements that residential construction professionals should track.
- How technology facilitates procedures for accounts payable, change orders and payroll and how these impact processing systems.
- The integration of job cost accounting with estimating, purchasing and scheduling.
- The impact of additional management reports and how they can enhance and facilitate a manager’s job.
- The “Profit Center” concept for multiple-project companies and its reporting requirements.
“Accounting and Financial Management” holds the essential information needed for a company to take control of its finances.
To view or purchase this publication online, click here, or call 800-223-2665.
 NAHB Has Nearly 300 Resources to Help You Run Your Business More Profitably
Go to NAHB's Business Management Tools Web pages (available to members only) for instant access to nearly 300 timesaving, moneymaking and cost-cutting business resources to help you run your business more profitably. Get guidance on accounting and financial management, business strategy, computers and information technology, customer service, human resources and more.
Resources are added weekly, so bookmark www.nahb.org/biztools to go directly to these vital business management resources.
Local and state home builders associations can link directly to www.nahb.org/biztools from their Web site and give their members instant access to these resources. It will make your HBA's Web site the place to go for the information and guidance that members need to succeed.
 Free NAHB Kit Gives Builders Back-to-Basics Tips to Navigate the Slowdown
What was once expected to be a relatively mild housing slump following three years of record new home construction and sales has given way to a significant downturn.
To help members navigate the uncharted waters of this slowdown, NAHB has compiled a comprehensive “Back to Basics” online toolkit — the best of the basics, the tried and true and the truly new. To access the toolkit, click here.
To access the “Back to Basics” toolkit, you must be an NAHB member and have a login to www.nahb.org. To create a login, go to www.nahb.org/login or click on the log-in button on the main menu bar.
For assistance, call the NAHB Member Service Center at 800-368-5242.
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