Project Accounting Control

This course aims to provide students with knowledge and application of theory to have an effective cost-control system to achieve the estimated profit on projects and to monitor and predict results of project deliverables through the use of accounting principles. Students explore the techniques used to control costs, with an emphasis on financial statements, financial ratios, applications of engineering economy, cash flow analysis, financing, and cost information systems. These essential principles of project cost control are be developed through a project which students will submit at the end of the semester.