Construction accounting is difficult on both a weekly project basis and a company-wide business reporting level, but proper application of best practices can smooth out processes and make sure the firm is in the best possible position to be paid fairly.
Construction Sector Experiences Heightened Vulnerability to Fraud and Cyber Risks
Ninety-three percent of construction, engineering and infrastructure sector executives said their companies had experienced a cyber incident or information theft, loss or attack in the past year.
Five Essential Components of an Accident Response Plan
With the construction industry facing a skilled labor shortage, new and inexperienced workers are entering the field. These workers may be more vulnerable to injury, making it hugely important for general contractors to create a culture of safety for their employees, subcontractors and craft professionals.
How to Determine Whether a Project Is Worth the Risk
When presented with a project opportunity, many contractors quickly respond with enthusiasm before thoroughly considering whether taking on the project makes sense for their business. Fortunately, there is a better way to evaluate projects that balances the optimism of a win with the practical need to make a profit.
Major Events Affecting the Construction Industry
Events and issues plaguing the U.S. construction industry include a labor shortage, stagnant profitability and productivity, increasing construction material costs, environmental sustainability and technological advancements and disruption.
2018 Cyber Risk Outlook: What Construction Executives Need to Know
Unless the world stops using computers, cyber crime will continue to increase in the coming years.
The Importance of Having the ‘Right’ Attorney on a Contractor’s Expansion Team
Before expanding, contractors should consult a qualified and experienced attorney to provide valuable insight and limit exposure, risk and liability.
Five Construction Problem Areas That Decrease Profits
By making sure business aspects such as fleet management, safety, estimating and supply chain management are running smoothly, contractors can increase profits and improve business operations.












