Finance

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.

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.

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.

Improving Cost and Scheduling Processes With Smart Technology

Use coordinated technology and software solutions throughout the project lifecycle to mitigate claims, delays and large cost overruns, while coordinating with different sectors and teams.

Three Steps to Maximize Construction Cash Flow

by Jeff Carson | Jun 8, 2021
Accounting | Business | Business Development | Finance

While it may seem basic, many contractors do not have a fundamental cash management strategy in place—or they do not revisit and revise their strategy on a regular basis. Here are a few steps contractors can take to boost cash flow.

Significant Impacts of Revenue Recognition Under New Topic 606

Understanding the new revenue recognition standard is essential to determine how it will impact contractors' financial statements.

Work Smarter With Streamlined Submittals in 2021

by Nancy Novak | May 26, 2021
Accounting | Business | Finance | Project Management

By standardizing specifications and prioritizing what and how submittals are reviewed, contractors can significantly short circuit the front-end work and get projects started more quickly.

Construction Financial Management in the COVID Economy

by Cybele Tamulonis | May 20, 2021
Business | Finance

As the nation races to vaccinate more than 320 million citizens, construction firms have been busy catching up on backlog, keeping workers safe and grappling with the complexities of construction finance during a pandemic.

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

Five Payroll Tips for Construction

Increase Construction Marketability of Accounting Firms With Certification

Improving Cost and Scheduling Processes With Smart Technology

Three Steps to Maximize Construction Cash Flow

Significant Impacts of Revenue Recognition Under New Topic 606

Work Smarter With Streamlined Submittals in 2021

Construction Financial Management in the COVID Economy

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