Accounting

Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

by Lori J. Drake | Jul 22, 2021
Accounting | Business | Finance | Project Management

Managing payments and the paperwork that goes with them is key to ensuring that construction businesses have the funds they need to grow and build their businesses.

Subcontractor Strategies to Maximize Payment in Bankruptcy

by Nathaniel Story, Brittany Falabella | Jul 20, 2021
Accounting | Business | Finance

When a contractor files for bankruptcy protection, it impacts the entire chain. How do other parties get paid?

Construction Technology and Software Rundown: July 23, 2021

Apps SafeSite Check In digital check in, jobsite safety and productivity app now features detailed weekly reports containing activities and hours worked by subcontractors, employees and project via daily log automation. Supervisors can upload pictures [...]

Optimize the Balance Sheet to Find Hidden Equity

by Christopher Sisk, Robert Mercado | Jul 13, 2021
Accounting | Business | Business Development | Finance

Scrutinize accounts more fully to ensure the amounts are recorded properly and maximize the equity of your company.

Consider a Business Line of Credit Instead of Personal Loans for Construction

by Kyle Hartranft | Jul 7, 2021
Accounting | Business | Finance

Small business owners should separate business from personal expenses. Using a business line of credit to pay for personal expenses should be avoided. It can raise a red flag for the IRS to audit business and personal tax returns.

Five Payroll Tips for Construction

by Jacquelyn Grinder | Jun 22, 2021
Accounting | Business | Finance

Payroll is a critical administrative function that deserves to be in the spotlight. By making the payroll process more efficient and accurate, construction companies can improve compliance, limit risk and set the stage for growth.

Strategies for Surviving Recessions: The Right Time to Fire a Client

by Stephen King | Jun 22, 2021
Accounting | Business | Economy | Finance

When the economy tanks, it’s all about survival, which is a math problem to be solved with numbers. These numbers will dictate when specific business opportunities should be declined and when clients should be fired.

Increase Construction Marketability of Accounting Firms With Certification

by Jay Montalbano | Jun 16, 2021
Accounting | Business | Business Development | Finance

Finance employees who work in construction practice groups should become CCIFPs. Here are a few ways that the CCIFP credential can make firms more marketable.

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Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments

Subcontractor Strategies to Maximize Payment in Bankruptcy

Construction Technology and Software Rundown: July 23, 2021

Optimize the Balance Sheet to Find Hidden Equity

Consider a Business Line of Credit Instead of Personal Loans for Construction

Five Payroll Tips for Construction

Strategies for Surviving Recessions: The Right Time to Fire a Client

Increase Construction Marketability of Accounting Firms With Certification

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