Project accounting and project controls are two of the more common terms used in construction management. However, project accountants mainly focus on the billing cycle, and making sure that all ...

For the last few months I’ve been writing a primer of sorts on becoming a project manager. Previous columns covered determining if you have the aptitude to be a project manager; the education and ...

The term “project accounting” sounds simple enough. It’s essentially the practice of accounting on the basis of individual projects. In practice, though, it’s so much more. If you do it correctly—and ...

Capitalization of project costs affects the balance sheet, while expensing the costs affects the income statement. The route you assign determines whether your asset base increases or your profits ...

This section outlines the authorization process for removing capital assets from the general ledger for land, improvements to land & buildings. Facilities Management & Housing Project Management work ...