Take Control of Your Business Accounting and Financial Management
Unless you’re a CPA or love crunching numbers, most business owners cringe when it comes time to deal with business accounting and financial management. But the accounting ledger is at the heart of a any company’s finances, and in many cases, the difference between profit and loss.
NAHB Builder Books has published the sixth edition of Accounting and Financial Management for Residential Construction. With this book, you don’t have to be a CPA to build a system that keeps your finances running in perfect order.
This valuable resource helps you to harness the fundamental principles to process your own financial data without prior accounting knowledge as a single-family or multifamily builder, remodeler, developer, or contractor.
Through straightforward and easy-to-comprehend explanations and illustrations, learn:
- General concepts and principles of financial planning and analysis
- Special tips for multiple-project builders, developers, and remodelers to benefit from the profit center concept
- How technology facilitates accounting processes
- Performance metrics to enhance understanding of critical company operations
- How to integrate job cost accounting with estimating, purchasing, and scheduling
Accounting and Financial Management for Residential Construction, Sixth Edition is available for purchase at BuilderBooks.com.
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Latest Economic News
Consumer credit growth accelerated in the third quarter of 2026, with both revolving and nonrevolving credit increasing at their fastest quarterly rates since 2022. Total outstanding consumer credit reached $5.22 trillion, continuing an upward trend that has strengthened over the past year.
Inflation remained elevated in October even as energy prices eased, raising expectations of another Fed rate hike. Shelter returned as the largest driver of headline inflation, accounting for over 30% of the monthly increase. Core inflation, which excludes volatile food and energy components, rose by 0.3% for the third consecutive month, suggesting broad-based price pressures across the economy.
Wage growth for residential building workers showed signs of a modest rebound in September 2026 following a sharp slowdown earlier in the year. According to the latest data from the U.S. Bureau of Labor Statistics, nominal wage growth picked up from its June pace, although it remained relatively modest.