Finance

Six Tax and Surety Considerations for the New Lease Accounting Standard

Contractors should discuss how changing accounting methods, tax planning and complying with the lease accounting standard will impact current and future surety agreements and debt covenants.

Solutions to Common Red Flags in Construction Cost Estimating

The essence of estimating is counting things, applying prices to those things and putting “a number in the box,” which is more difficult than it sounds. Here are a few common problems in cost estimating and best practices to avoid them.

Top Challenges Driving Low Optimism Among Construction CEOs

by David Harper | Sep 27, 2018
Business | Business Development | Economy | Finance

Five in seven construction CEOs expect to increase revenue in the year ahead, but they also have underlying concerns about sustained growth.

Create a Succession Plan That Includes the CFO

Typically, a succession plan focuses on the CEO and operational management positions. It is rare, but important, to have a succession plan for the CFO as well.

Improve Project Delivery With Blockchain Technology

Blockchain has a place in the construction industry. Builders that can adapt the protocol (or at least learn more about it) will be more prepared when the technology goes from being the exception to the rule.

Project Onboarding Costs Rise When Workers Don’t Have On-Demand Access to Information

by Brent Sexton | Aug 30, 2018
Business | Finance | Productivity | Project Management

It’s possible to dispatch workers with all of their individual information so they can be allocated to any jobsite at any time and get to work without waiting for the office to send the files over.

Detect and Prevent Construction Fraud

By understanding the traits of a typical fraudster and steps to take to reduce the likelihood of insider theft, construction business owners can focus on protecting their liabilities, securing new contracts and overseeing their clients’ projects.

Address New Accounting Standards Now to Ensure Business Stability

by Tina Perez | Aug 14, 2018
Accounting | Business | Finance

Contractors must make compliance with the new revenue recognition standards a corporate priority. The organizations that do will preserve their reputations with lenders and bonding companies and maintain long-term business stability.

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Six Tax and Surety Considerations for the New Lease Accounting Standard

Solutions to Common Red Flags in Construction Cost Estimating

Top Challenges Driving Low Optimism Among Construction CEOs

Create a Succession Plan That Includes the CFO

Improve Project Delivery With Blockchain Technology

Project Onboarding Costs Rise When Workers Don’t Have On-Demand Access to Information

Detect and Prevent Construction Fraud

Address New Accounting Standards Now to Ensure Business Stability

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