Risk
Business

Construction Accounting Risk at Macro and Project Levels
Construction accounting is difficult on both a weekly project basis and a company-wide business reporting level, but proper application of best practices can smooth out processes and make sure the firm is in the best possible position to be paid fairly.
By Nate Budde
April 19, 2018
Topics
Risk
Business
by Nate Budde
Nate Budde is an author for The Lien and Credit Journal and works as the Chief Legal Officer at zlien. The leading nationwide mechanics lien service, zlien provides services to help contractors reduce their credit risk through the management of mechanics lien and bond claim compliance. He is a licensed attorney in Louisiana, a graduate of Stanford University (B.A.) and Tulane Law School (J.D.). Connect with him via LinkedIn and Google+.
Related stories
Risk

Operation Preparation: Industry Experts Speak on Disaster Prep and Recovery Efforts as Hurricane Season Comes to a Close
By Grace Calengor
Water is one of the most destructive sources on the planet—natural or manmade. Oftentimes, the construction industry has to learn the hard way—after disaster strikes—how best to address that disaster in the future. This year, preparation is priority.
Risk

Four Steps to Effectively Manage Rising Risk of Construction Liability Claims
By David Chmiel
Liability claims in construction are increasing in frequency and complexity. Make sure your company is prepared to wade through the legal waters.
Risk

Well-Insulated: Predict the Unpredictable Construction Costs
By Jill Masur
Contractors may need to revisit some of the processes in their accounting and financial operations. Here are six strategies for construction companies to insulate against cost increases and mitigate financial risks.