Business

Off the Books—and Back On

From balance sheets to financial statements, new lease standards are reshaping construction finance.
By Alexander Lombardi and James Wiedemann
August 11, 2023
Topics
Business
by Alexander Lombardi
Alexander Lombardi, CPA is a senior manager in the Assurance Services division of Marcum LLP’s New Haven, Connecticut office. He has extensive experience providing compilation, review, and audit procedures in the construction and oil and gas industries, as well as reporting requirements and revenue recognition. Alexander has prepared and presented internally and externally on construction accounting and auditing matters and serves as an advisor to professional staff providing on-the-job training.
by James Wiedemann
James Wiedemann, CPA is a director in the Assurance Services division of Marcum LLP’s New Haven, Connecticut, office. He provides compilation, review and audit procedures in the construction and manufacturing industries. Marcum LLP’s Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. Marcum LLP's Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises and publishes the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLT Survey Analysis of construction employment trends--and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.

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