3.00 Credits
Construction finance and cost accounting, industry formats, fixed and variable costs, record and report practices; capital equipment, depreciation, and expensing; forecasting costs and cash flow requirements, payment processes and time value of money, surety bonds and insurance; construction law, construction contracts, legal roles and responsibilities, the regulatory environment and licensing, lien laws and the contractor’s rights, national and local labor law, administrative procedures to avoid disputes.Credit Restriction: May not receive credit for both 435 and 535.Recommended Background: Introductory accounting.Registration Restriction(s): Minimum student level – graduate.