The Utilization Of Accounting Cost Controls In Conjunction With Information Technology In The Home Building Arena

Abstract

This article examines how cost controls are emphasized and utilized in conjunction with information technology in the home building business by Pennsylvania’s contractors. The results of the analysis showed significant differences existed in the implementation of cost controls; the periodic use of cost variance; adjustments made based on cost variance feedback; the use of past projects to prepare estimates on future projects, and the use of information technology between and among firms when examined by firm size. The outcome of the study has led to several important implications for the home building industry.