Accounting

Maintain a Healthy Balance Sheet for Financial Security

by Michelle Johnson, Robert Mercado | Nov 13, 2019
Accounting | Business | Finance

With proper planning and a thorough understanding of how particular items should be reported, and the subsequent impact of each, a company can be confident in having financial statements that reflect its financial health.

Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard

Accountants are starting to see presentation and disclosures on the new lease standard for public company interim financial statements as of their March 31, 2019, quarterly reporting.

Improve Capital Project Outcomes With Emerging Technology

Unprecedented tools are being placed in the hands of operatives in other parts of the general economy. Capital project teams should be on the lookout to lead this disruption in the construction industry.

Year-End Tax Planning Strategies for Contractors

by Jacquelyn Himes | Oct 24, 2019
Accounting | Risk Management | Safety | Taxes

Taking a strategic approach to tax planning can be beneficial, contractors should weigh costs verses benefits before implementing any tax planning strategy.

Cash Flow Problems Stall Growth for More Than Half of Construction Businesses

Proper budgeting, monitoring payment statuses and maintaining awareness of project developments can help prevent problems.

Four Ways to Manage Subcontractor Expenses

by RubinBrown LLP | Oct 20, 2019
Accounting | Business | Finance

Managing a general contractor’s most significant expenses can have a direct impact on profitability. By implementing tight controls, a general contractor may be able to “move the needle” on profitability in a competitive market.

Take Payroll to the Next Level

by Eric Goldstein | Oct 20, 2019
Accounting | Productivity | Technology

Payroll functions are included in most construction accounting software, making it easier for contractors to run payroll for employees with multiple rates or different job classifications, pay scales and locations.

Percentage of Completion or Completed Contract: Which Is Better for Long-Term Contract Tax Reporting?

To make sure tax strategy aligns with business and personal goals, it is vital for contractors to explore their reporting options.

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Maintain a Healthy Balance Sheet for Financial Security

Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard

Improve Capital Project Outcomes With Emerging Technology

Year-End Tax Planning Strategies for Contractors

Cash Flow Problems Stall Growth for More Than Half of Construction Businesses

Four Ways to Manage Subcontractor Expenses

Take Payroll to the Next Level

Percentage of Completion or Completed Contract: Which Is Better for Long-Term Contract Tax Reporting?

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