Business
The Lease Accounting Fallout From COVID-19
Many contractors were relieved that due to COVID-19, the FASB issued an ASU on June 3 that granted a one-year effective date delay for applying the lease accounting and revenue recognition standards.
By Matthew J. Boland
November 16, 2020
Topics
Business
by Matthew J. Boland
Matthew J. Boland, CPA is the Director - Audit and Assurance at McCarthy & Company, a Construction Executive Top 50 Construction Accounting Firm (2019). He can be contacted at (610) 828-1900 or Matthew.Boland@McCarthy.CPA.
Related stories
Business
'Ladies and Gentlemen, This Does Not Mean Recession': Anirban Basu on State of 2025 Q3 Construction Economy
By Construction Executive
Basu's newsletter stated that construction has been in contraction for 14 months, so why does he seem relatively upbeat this quarter?
Business
Prioritizing Success: Succession Planning Beyond the Company Walls
By Steve Albart
A good succession plan looks not only at what the business owner wants and needs to maximize value and create a cash windfall, but also seeks to determine what is best for employees at all levels and what is best for customers, suppliers and other partner organizations.
Business
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.