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Home » Topic » Business » Accounting

2020 Executive Insights: Construction Accounting

by Construction Executive | Jul 28, 2020
Accounting | Business

Industry experts share insights and best practices for construction accounting.

Maximizing the Amount Firms Can Bill: The Influence of FAR in Setting Project Pricing

by Michelle Johnson, Robert Mercado | Jul 23, 2020
Accounting | Business | Finance | Project Delivery | Project Management

For private sector projects, firms are awarded contracts based on project scope, proposed pricing and firm qualifications. In the public sector, however, firms are awarded contracts based almost exclusively on their qualifications. Here's how to win the bid.

Leverage an Auditor’s Toolbox for Business Stability in Turbulent Times

by Dan Graves | Jul 8, 2020
Accounting | Business | Business Development | Economy | Finance

By leveraging auditing resources, businesses can gain insight and direction for delivering stability in operations. An auditor’s perspective can help strengthen awareness of the financial impact of day-to-day business decisions made in unsettled conditions.

Construction Technology and Software Rundown: July 10, 2020

by Marla McIntyre | Jul 7, 2020
Accounting | Artificial Intelligence | Productivity | Technology

Here's a rundown of the latest in construction technology and software.

How Advanced Construction Accounting Technology Can Help Contractors Recover From COVID-19

by Manipal Dhariwal | Jul 5, 2020
Accounting | Project Management | Technology

Technology could be the boon that brings contractors back stronger than ever from the COVID-19 pandemic as they map losses, risk and opportunities with construction accounting software.

Selecting Construction Management and Accounting Software—What Contractors Should Know

by Chuck Schwartz, Dawn Meeker | Jun 20, 2020
Accounting | Productivity | Technology

Before purchasing accounting or construction management software, ask the right questions, be open to new processes and improvements, and build from a solid foundation.

FASB Defers the Effective Date for the Revenue Recognition and Lease Accounting Standards in Response to COVID-19

by Matthew J. Boland | Jun 20, 2020
Accounting | Business | Finance

Due to the stress of coronavirus, FASB issued an ASU that grants a one-year effective date delay for certain companies and organizations applying the revenue recognition and leases guidance.

Leveraging Accounts Payable Technology Can Help Contractors Weather the COVID-19 Crisis

by Ernest Rolfson | Jun 18, 2020
Accounting | Business | Finance | Human Resources | Technology

As construction firms work to protect their employees, manage cash flow and keep the lights on, technology like digital AP solutions can help them weather the crisis and introduce efficiencies to remain viable and competitive well into the future.
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