Remove Accounting Remove Consulting Remove Liability
article thumbnail

The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.

Leases 177
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? I highly recommend that any contractor considering such an investment first consult with their CPA or tax specialist to discuss how Section 179 applies to their unique situation. Public Exposure and Liability on Construction Sites.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Public Exposure and Liability on Construction Sites.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Now I am by no means an expert on the subject, so prior to starting the bonding process, it is important to consult with a bonding specialist to review all the requirements for your specific situation. Public Exposure and Liability on Construction Sites. Tags accounting.

Cash Flow 168
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. This may involve continued consultations with those people previously interviewed. Public Exposure and Liability on Construction Sites. Tags accounting.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Why Construction-Specific Accounting Software Costs More than Generic Accounting Software » Look for the September How To Issue. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software. Construction Accounting Software.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. Thank you for writing the following account. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software. STRATEGY |. MANAGEMENT |.