Financial Issues for the Contracts Professional

This book provides an intensive look at various financial issues facing contract management personnel & other business professionals in today's economically strained market. Although much of the material is aimed at those working with government contracts, the manual also guides those hoping to understand the intricacies & implications of cost accounting, cash flow, & auditing techniques. Learn how to handle the basics of finance: interpreting financial statements, composing the balance sheet, seeking financial sources, & tracking costs. In section 1, General Business Considerations, the various roles of those involved with financial matters are explored, so you can understand what to expect from whom! Basic definitions are also given for many business terms in order to guide you through the entire billing cycle process. Section 2 closely examines federal contracting opportunities, with helpful explanations of confusing governmental regulations regarding fee & profit. Finally, in section 3, Special Considerations, we take a look at subcontracting/small business issues, contract terminations, & the basics of international contracting. Each chapter includes review questions, making this an excellent teaching guide. Written by a government contracts lawyer, a professor of finance, & an auditor, this book is presented in easy-to-read language, with many practical examples given.Baker, Keith L. is the author of 'Financial Issues for the Contracts Professional', published 1992 under ISBN 9780940343344 and ISBN 0940343347.